Berenberg Initiates Hyster-Yale Materials With Hold

Analysts at Berenberg initiated coverage on

with a Hold rating. The target price for Hyster-Yale Materials is set to $80.90. Hyster-Yale Materials shares have dropped 26.17 percent over the past 52 weeks, while the S&P 500 index has surged 12.21 percent in the same period. Hyster-Yale Materials' shares fell 0.75 percent to close at $72.99 yesterday.