FBR Capital Initiates Actuant With Market Perform

Analysts at FBR Capital initiated coverage on Actuant ATU with a Market Perform rating. The target price for Actuant is set to $35. Actuant shares have dropped 17.23% over the past 52 weeks, while the S&P 500 index has gained 15.74% in the same period. Actuant's shares fell 0.62% to $32.08 in pre-market trading.