
Modine Manufacturing (MOD) Stock Forecast & Price Target
Modine Manufacturing (MOD) Analyst Ratings
Bulls say
Modine Manufacturing is well-positioned for growth with its recent $4B+ agreement and plans to mitigate supply chain challenges. Their diverse product range, expansion efforts, and strong balance sheet make them a promising investment opportunity. Despite some potential risks, a recent vGroup call with company executives solidifies a positive outlook and a BUY rating for MOD with a price target of $330.
Bears say
Modine Manufacturing is struggling with high organic growth and deployment discipline as they aim to increase production efficiency to meet demand. Issues with sourcing components and severe weather have put a strain on margins and profitability, but the company is actively taking steps to address these challenges and expects to see improvements in revenue and profit performance in the coming quarters. However, their overall revenue growth is expected to be flat to slightly positive, with data center sales growing significantly but other markets remaining flat. Additionally, the company's coils business is expected to experience only modest growth in the near term.
This aggregate rating is based on analysts' research of Modine Manufacturing and is not a guaranteed prediction by Public.com or investment advice.
Modine Manufacturing (MOD) Analyst Forecast & Price Prediction
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