Were Analysts Bullish Manitex International, Inc. (NASDAQ:MNTX) This Week?

May 18, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.47 in Q4 2017. Its up 0.24, from 1.23 in 2017Q3. It increased, as 10 investors sold Manitex International, Inc. shares while 9 reduced holdings. 10 funds opened positions while 18 raised stakes. 9.90 million shares or 7.34% less from 10.68 million shares in 2017Q3 were reported.
Pacific Ridge Capital Prtn Limited Company, Oregon-based fund reported 606,684 shares. Adirondack Rech Mngmt holds 200,737 shares. Renaissance Techs Limited Liability Company has invested 0% in Manitex International, Inc. (NASDAQ:MNTX). The Pennsylvania-based Federated Pa has invested 0% in Manitex International, Inc. (NASDAQ:MNTX). Wealthtrust Axiom Limited Liability Corporation holds 3.08% or 863,164 shares. The New York-based Commercial Bank Of Ny Mellon Corporation has invested 0% in Manitex International, Inc. (NASDAQ:MNTX). 334,593 are owned by Next Century Growth Ltd Company. Macquarie Ltd holds 3,947 shares or 0% of its portfolio. Shufro Rose And Lc invested in 0.37% or 391,800 shares. Rutabaga Cap Management Limited Ma reported 667,800 shares or 1.47% of all its holdings. Shaker Invests Lc Oh, Ohio-based fund reported 124,600 shares. Deutsche Savings Bank Ag invested in 62,216 shares or 0% of the stock. Kennedy Cap Management reported 462,084 shares or 0.08% of all its holdings. Ontario – Canada-based Manufacturers Life Insurance The has invested 0% in Manitex International, Inc. (NASDAQ:MNTX). Vanguard Gru Incorporated Inc accumulated 505,382 shares or 0% of the stock.

Manitex International, Inc. (NASDAQ:MNTX) Ratings Coverage

Among 2 analysts covering Manitex International (NASDAQ:MNTX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Manitex International had 3 analyst reports since February 8, 2018 according to SRatingsIntel. The stock has “Buy” rating by Roth Capital on Thursday, February 8. The firm has “Buy” rating by Seaport Global given on Wednesday, February 7. Seaport Global maintained the shares of MNTX in report on Wednesday, April 18 with “Buy” rating. Below is a list of Manitex International, Inc. (NASDAQ:MNTX) latest ratings and price target changes.

18/04/2018 Broker: Seaport Global Rating: Buy New Target: $13.0000 Maintain
07/02/2018 Broker: Seaport Global Rating: Buy New Target: $12.0 Maintain
08/02/2018 Broker: Roth Capital Old Rating: Hold New Rating: Buy Upgrade

The stock increased 0.44% or $0.05 during the last trading session, reaching $11.4. About 18,142 shares traded. Manitex International, Inc. (NASDAQ:MNTX) has risen 72.38% since May 18, 2017 and is uptrending. It has outperformed by 60.83% the S&P500.

Manitex International, Inc. provides engineered lifting and loading products worldwide. The company has market cap of $190.03 million. The firm operates through three divisions: Lifting Equipment, ASV, and Equipment Distribution divisions. It currently has negative earnings. The Lifting Equipment segment designs, makes, and distributes boom trucks and crane products that are used for industrial projects and energy exploration, as well as for roads, bridges, and residential and commercial construction; and specialized rough terrain cranes and material handling products for the construction, municipality, and railroad industries, as well as truck-mounted aerial platforms and sign cranes.

More important recent Manitex International, Inc. (NASDAQ:MNTX) news were published by: Streetinsider.com which released: “Manitex Int’l (MNTX): Solid Beat, PT To $15 – Roth” on May 10, 2018, also Seekingalpha.com published article titled: “Manitex International’s (MNTX) CEO David Langevin on Q1 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “Manitex International, Inc. Reports First Quarter 2018 Results” on May 09, 2018. More interesting news about Manitex International, Inc. (NASDAQ:MNTX) was released by: Nasdaq.com and their article: “Manitex International, Inc. Will Report First Quarter 2018 Financial Results on May 9, 2018” with publication date: April 27, 2018.

Manitex International, Inc. (NASDAQ:MNTX) Institutional Positions Chart

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