UBS maintains a 'Buy' on Actuant (ATU); In-line Q3, FY13 Outlook May Boost Shares

June 18, 2012 4:24 PM EDT
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Price: $24.44 -0.2%

Rating Summary:
    2 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 1 | Down: 0 | New: 0
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UBS maintains a 'Buy' on Actuant (NYSE: ATU) price target of $33.00.

Analyst, Robert Barry, feels that an in-line Q3 report and positive FY13 outlook may give the shares a boost.

Note - Actuant is scheduled to report third quarter financials on June 20, 2012. The current consensus estimate is $0.59 and $429.12 million.

For an analyst ratings summary and ratings history on Actuant click here. For more ratings news on Actuant click here.

Shares of Actuant closed at $26.46 yesterday.

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