Joy Global (NYSE: JOY) had its target price raised by SunTrust from $70.00 to $75.00 in a research note issued to investors on Friday. The firm currently has a buy rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James downgraded shares of Joy Global from an outperform rating to a market perform rating in a research note to investors on Monday, January 28th. They now have a $67.00 price target on the stock, down previously from $77.50. Separately, analysts at Piper Jaffray reiterated an overweight rating on shares of Joy Global in a research note to investors on Thursday, January 24th. They now have a $84.00 price target on the stock. Finally, analysts at Susquehanna downgraded shares of Joy Global from a positive rating to a neutral rating in a research note to investors on Wednesday, January 23rd. They now have a $73.00 price target on the stock, down previously from $84.00.
Eleven analysts have rated the stock with a buy rating, two have given an overweight rating, and seven have assigned a hold rating to the company’s stock. The company has an average rating of overweight and an average price target of $103.53.
Joy Global traded up 0.65% on Friday, hitting $63.27. Joy Global has a 1-year low of $47.69 and a 1-year high of $94.00. The stock’s 50-day moving average is currently $64.9. The company has a market cap of $6.706 billion and a price-to-earnings ratio of 8.81.
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