Oshkosh Corporation (OSK) Receives Price Target

Oshkosh Corporation (OSK) : Average target price received by Oshkosh Corporation (OSK) is $61.22 with an expected standard deviation of $2.44. The most aggressive target on the stock is $65, whereas the most downbeat target is $57. 9 financial analysts are currently covering the stock.

Oshkosh Corporation (OSK) : The consensus on Oshkosh Corporation (OSK) based on 11 analyst recommendation on the company stock is 1.55, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Brokerage firm Bank of America upgrades its rating on Oshkosh Corporation (NYSE:OSK). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 18, 2016.

Oshkosh Corporation (NYSE:OSK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.99 and $53.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.01, notching a gain of 0.15% for the day. The total traded volume was 377,494 . The stock had closed at $53.93 on the previous day.

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The companys brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.

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