Published On: Wed, Oct 19th, 2016

Hyster-Yale Materials Handling, Inc. (NYSE:HY) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Hyster-Yale Materials Handling, Inc. (NYSE:HY).

09/23/2016 – Broker: Sidoti Rating: buy upgrade

03/17/2016 – Broker: Berenberg Bank Rating: hold New Target: 69 downgrade

05/01/2015 – Broker: Zacks Rating: hold upgrade

02/23/2015 – Broker: Robert W. Baird Rating: neutral New Target: 77 reiteration

10/31/2014 – Broker: Global Hunter Securities Rating: neutral New Target: 81 downgrade

10/01/2014 – Broker: TheStreet Rating: buy upgrade

11/01/2013 – Broker: R. F. Lafferty Rating: buy upgrade

The average price target from the most recent broker reports is 75.67

The stock increased +0.58% (+0.33) during the last days session, reaching 57.49 and roughly 34486 shares were bought or sold by traders. Hyster-Yale Materials Handling, Inc. (NYSE:HY) has decreased by -3.80% over 12 months.

Hyster-Yale Materials Handling, Inc., and its subsidiaries, design, engineer, manufacture, sell and service lift trucks and aftermarket parts. The Company markets its lift trucks and aftermarket parts under the Hyster and Yale brand names. The Company also operates through Nuvera Fuel Cells, Inc. (Nuvera), which is an alternative-power technology company focused on fuel-cell stacks and related systems. The Company operates through four segments: the Americas, EMEA, JAPIC and Nuvera. The Company’s lift truck business comprises its three management units: the Americas, EMEA and JAPIC. The Americas includes operations in the United States, Canada, Mexico, Brazil, Latin America and its corporate headquarters. EMEA includes operations in Europe, the Middle East and Africa. JAPIC includes operations in the Asia and Pacific regions, including China. The Company manufactures components, such as frames, masts and transmissions, and assembles lift trucks.