The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Terex Corp is $80.00, about 23.9% above its July 29 closing price of $64.56
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago
Quarterly results beat estimates
U.S. specialized equipment maker's Q2 sales rose 50.5%, beating analyst expectations
Adjusted EPS for Q2 was $1.37
The company said sales increased in all segments, with Materials Processing and Specialty Vehicles highlighted as key contributors
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