Macerich (MAC) Received BMO Capital’s Coverage; Manitowoc Co (MTW)’s Sentiment Is 1.01

September 12, 2017 - By test

The Manitowoc Company, Inc. is a provider of engineered lifting equipment for the construction industry. The company has market cap of $1.15 billion. The Firm operates through the Crane business segment. It currently has negative earnings. It designs, makes and distributes a line of crawler-mounted lattice-boom cranes, which it sells under the Manitowoc brand name.

Among 16 analysts covering The Macerich Company (NYSE:MAC), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. The Macerich Company has $102 highest and $57.0 lowest target. $77.25’s average target is 42.34% above currents $54.27 stock price. The Macerich Company had 39 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the shares of MAC in report on Wednesday, August 31 with “Hold” rating. Deutsche Bank maintained Macerich Co (NYSE:MAC) on Monday, March 21 with “Hold” rating. On Monday, March 27 the stock rating was maintained by Canaccord Genuity with “Hold”. Jefferies maintained Macerich Co (NYSE:MAC) rating on Monday, July 17. Jefferies has “Hold” rating and $5700 target. The company was upgraded on Wednesday, August 23 by Boenning & Scattergood. BTIG Research initiated the stock with “Buy” rating in Thursday, August 25 report. On Wednesday, April 6 the stock rating was downgraded by Boenning & Scattergood to “Neutral”. The firm has “Hold” rating given on Tuesday, February 7 by Stifel Nicolaus. On Monday, July 18 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was reinitiated by Credit Suisse on Wednesday, March 16 with “Underperform”.

Ratings analysis reveals 0 of Manitowoc’s analysts are positive. Out of 3 Wall Street analysts rating Manitowoc, 0 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $5.0 while the high is $5.25. The stock’s average target of $5.13 is -37.29% below today’s ($8.18) share price. MTW was included in 3 notes of analysts from September 7, 2016. The firm has “Underweight” rating by JP Morgan given on Friday, December 9. The firm earned “Neutral” rating on Thursday, October 20 by Seaport Global Securities. Deutsche Bank initiated Manitowoc Company Inc (NYSE:MTW) on Wednesday, September 7 with “Hold” rating.

Firefly Value Partners Lp holds 4.75% of its portfolio in Manitowoc Company Inc for 6.84 million shares. Rutabaga Capital Management Llc Ma owns 3.95 million shares or 4.05% of their US portfolio. Moreover, Lomas Capital Management Llc has 2.78% invested in the company for 2.10 million shares. The Indiana-based University Of Notre Dame Du Lac has invested 2.1% in the stock. Proxima Capital Management Llc, a New York-based fund reported 460,000 shares.

About 390,565 shares traded. Manitowoc Company Inc (MTW) has risen 0.72% since September 12, 2016 and is uptrending. It has underperformed by 15.98% the S&P500.

About 171,923 shares traded. Macerich Co (NYSE:MAC) has declined 18.62% since September 12, 2016 and is downtrending. It has underperformed by 35.32% the S&P500.

Investors sentiment decreased to 0.78 in 2016 Q4. Its down 0.06, from 0.84 in 2016Q3. It fall, as 44 investors sold Macerich Co shares while 126 reduced holdings. 44 funds opened positions while 103 raised stakes. 129.69 million shares or 0.88% less from 130.85 million shares in 2016Q3 were reported. United Services Automobile Association accumulated 82,622 shares. Strs Ohio holds 0.08% or 242,892 shares. Cibc Ww accumulated 8,289 shares or 0.01% of the stock. Segment Wealth Mngmt Limited Liability holds 7,342 shares or 0.19% of its portfolio. Creative Planning reported 0% in Macerich Co (NYSE:MAC). Tower Research Capital Ltd (Trc) holds 2,488 shares. The Japan-based Asset Mgmt One Ltd has invested 0.08% in Macerich Co (NYSE:MAC). Bnp Paribas Arbitrage stated it has 0.01% of its portfolio in Macerich Co (NYSE:MAC). Cornerstone Incorporated reported 0% of its portfolio in Macerich Co (NYSE:MAC). Credit Suisse Ag stated it has 0.04% in Macerich Co (NYSE:MAC). Geode Capital Management Limited Com stated it has 0.05% of its portfolio in Macerich Co (NYSE:MAC). Sei Company invested in 0.03% or 93,840 shares. Parametrica Management reported 4,701 shares. Invesco Limited reported 3.42 million shares. Aviva Public Limited has 170,353 shares.

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