Where Modine Manufacturing Stands With Analysts
Portfolio Pulse from Benzinga Insights
Modine Manufacturing (NYSE:MOD) has received diverse analyst ratings over the past quarter, with a shift towards more bullish sentiments in the last 30 days. Analysts have updated their price targets, indicating a positive outlook with an average target of $89.00, reflecting a 24.91% increase from the previous average of $71.25. The company, known for its thermal management solutions, shows strong market presence and profitability but faces challenges in revenue growth and return on equity compared to industry peers.
March 19, 2024 | 1:00 pm
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Modine Manufacturing has seen a positive shift in analyst ratings, with an updated average price target of $89.00, indicating a bullish outlook. The company's strong market presence and profitability are highlighted, though it faces challenges in revenue growth and return on equity.
The shift towards more bullish analyst ratings and the significant increase in the average price target suggest a positive short-term impact on MOD's stock price. The company's strong market presence and profitability are likely to be viewed positively by investors, despite some challenges in revenue growth and return on equity.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100