Published On: Wed, Oct 19th, 2016

Hardinge, Inc. (NASDAQ:HDNG) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Hardinge, Inc. (NASDAQ:HDNG).

Most recent broker ratings

12/28/2015 – Ascendiant Capital Markets began new coverage on Hardinge, Inc. giving the company a “buy” rating. They now have a USD 14 price target on the stock.

08/04/2015 – Hardinge, Inc. was upgraded to “buy” by analysts at Sidoti. They now have a USD 11 price target on the stock.

03/04/2014 – Hardinge, Inc. was upgraded to “hold” by analysts at EVA Dimensions.

The share price of Hardinge, Inc. (NASDAQ:HDNG) was up +1.42% during the last day of trading, with a day high of 10.97. 12109 shares were traded during the last session.

The stock’s 50 day moving average is 10.58 and its 200 day moving average is 10.94. The stock’s market capitalization is 138.25M. Hardinge, Inc. has a 52-week low of 7.85 and a 52-week high of 13.72.

Hardinge Inc. (Hardinge) is a designer, manufacturer and distributor of machine tools, specializing in precision computer numerically controlled metalcutting machines and workholding technology solutions. The Company supplies high precision computer controlled metalcutting turning machines, grinding machines, machining centers and repair parts related to those machines. It also engineers and supplies high precision, standard and specialty workholding devices, and other machine tool accessories. It operates through two segments: Metalcutting Machine Solutions (MMS), and Aftermarket Tooling and Accessories (ATA). The MMS segment includes high precision computer controlled metalcutting turning machines, vertical machining centers, horizontal machining centers, and grinding machines. The ATA segment includes products, primarily collets and chucks that are purchased by manufacturers throughout the lives of their Hardinge or other branded machines.