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CMCO

Columbus McKinnon

$36.57

0.56 (1.56%)

09:20
02/27/18
02/27
09:20
02/27/18
09:20

Columbus McKinnon announces new CM Authorized Rigging Centers

Columbus McKinnon Corporation is making it easier than ever for customers to purchase, service and repair CM rigging products with its new CM Authorized Rigging Centers. CM Authorized Rigging Centers are part of an exclusive network of rigging product and service experts certified by Columbus McKinnon to: Build, service and repair mechanical and/or welded chain slings on behalf of Columbus McKinnon, Perform warranty and repair work on all CM rigging products, including chain, mechanical chain slings and forged rigging attachments, Perform warranty and repair work on manual hoists manufactured by CMCO, like CM, Coffing, Little Mule, Yale, Chester and Budgit, and Supply and distribute CMCO rigging and manual hoist products. All CM Authorized Rigging Centers must adhere to strict procedures set by CMCO, ASTM, ASME and OSHA requirements in order to maintain the highest levels of product quality and safety.

CMCO Columbus McKinnon
$36.57

0.56 (1.56%)

07/28/17
ROTH
07/28/17
INITIATION
Target $33
ROTH
Buy
Columbus McKinnon initiated with a Buy at Roth Capital
Roth Capital analyst Matt Koranda started Columbus McKinnon with a Buy rating and $33 price target.
07/28/17
07/28/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Apptio (APTI) initiated with an Outperform at Oppenheimer. 2. ShotSpotter (SSTI) initiated with an Outperform at Imperial Capital. 3. Pitney Bowes (PBI) initiated with a Hold at Loop Capital. 4. PayPal (PYPL) assumed with an Overweight at Cantor. 5. Columbus McKinnon (CMCO) initiated with a Buy at Roth Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/02/17
ROTH
11/02/17
NO CHANGE
Target $41
ROTH
Buy
Columbus McKinnon price target raised to $41 from $36 at Roth Capital
Roth Capital analyst Matt Koranda raised his price target for Columbus McKinnon to $41 from $36, citing solid organic growth, strong acquisition revenue/margin contribution, better than expected cash flow, and an improving balance sheet. The analyst reiterates a Buy rating on the shares.
01/12/18
ROTH
01/12/18
NO CHANGE
Target $50
ROTH
Buy
Columbus McKinnon price target raised to $50 from $41 at Roth Capital
Roth Capital analyst Matt Koranda said he believes Columbus McKinnon's newly-communicated three-year revenue and EBITDA targets appear conservative and beatable. The balance sheet improvement implied by the company's free cash flow projections are "perhaps of equal or greater importance to the EBITDA targets," said Koranda, who raised his price target on the stock to $50 from $41 and keeps a Buy rating on the shares.

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