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

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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, with a 52 week range of $17.47-$29.97.

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