Alamo Group found that there are now 4 analysts covering the stock under the ticker symbol (ALG), unanimously agreeing that the stock has a "buy" rating. The target price is between 186 and 150, and the average target price is 170.75. Given that the stock's previous closing price was 154.97, this indicates that there is a potential upside of 10.2%. The 50-day moving average is now at 148.78, and the 200-day moving average is now at 151.68. The company's market value is $1.779 billion. Company website: http://www.alamo-group.com
Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for government and industrial use worldwide. The company provides hydraulic power and tractor-type lawn mowers, such as cantilever lawn mowers; other knives and replacement parts for heavy and intensive use; heavy-duty tractor and truck-type mowing and vegetation maintenance equipment and replacement parts. Vehicle-mounted vacuum cleaners, mechanical brooms, and regenerative air sweepers are also provided; pothole repair agents; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; collection pool cleaners and road debris vacuum systems; vehicle-mounted vacuums Trucks, combined sewer cleaners and hydraulic excavators; ice control products; snow blowers and heavy snow removal equipment, hooks, attachments and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts and services. In addition, the company also provides rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, digging machines, scrapers and replacement parts, as well as zero-turning radius mowers; Cutting parts, common and hard-surface replacement farming tools, disc blades and fertilizing components; after-sales agricultural parts; and heavy machinery rotary lawn mowers, snow blowers, rock removal equipment and replacement parts. In addition, it also provides tractor accessories; farm tools; hydraulic and cantilever hedges and lawn mowers, and other tractor accessories and tools; hedge cutters, industrial lawn mowers, and agricultural seedbed preparation field cultivators; self-propelled sprayers and multi-drive loads Carts; cutting blades; hydraulic and robotic lawn mowers; and high-pressure cleaning systems and trenchers. Alamo Group Inc. was founded in 1955 and is headquartered in Seguin, Texas.
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