Modine (MOD, Financial) is set to invest over $38 million to boost its production capabilities for data center chillers. The expansion, scheduled to be completed by the end of 2028, will involve upgrades at Modine’s facility in Grenada, Mississippi. This initiative is expected to generate more than 450 new jobs, enhancing the company's operational capacity in the region.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Modine Manufacturing Co (MOD, Financial) is $130.85 with a high estimate of $155.00 and a low estimate of $96.11. The average target implies an upside of 25.18% from the current price of $104.53. More detailed estimate data can be found on the Modine Manufacturing Co (MOD) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Modine Manufacturing Co's (MOD, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Modine Manufacturing Co (MOD, Financial) in one year is $47.34, suggesting a downside of 54.71% from the current price of $104.53. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Modine Manufacturing Co (MOD) Summary page.
