Applied Industrial Technologies (AIT)
(Real Time Quote from BATS)
$200.16 USD
+2.72 (1.38%)
Updated Sep 12, 2024 12:16 PM ET
3-Hold of 5 3
C Value A Growth C Momentum A VGM
View All Zacks #1 Ranked Stocks
Applied Industrial Technologies (AIT) Price Targets
| Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
|---|---|---|---|
| $223.00 | $235.00 | $210.00 | 12.95% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Applied Industrial Technologies comes to $223.00. The forecasts range from a low of $210.00 to a high of $235.00. The average price target represents an increase of 12.95% from the last closing price of $197.44.
Analyst Price Targets (5 )
Broker Rating
Applied Industrial Technologies currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by six brokerage firms. The current ABR compares to an ABR of 1.40 a month ago based on five recommendations.
Of the six recommendations deriving the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 66.67% and 16.67% of all recommendations. A month ago, Strong Buy represented 80%.
Broker Rating Breakdown
Brokerage Recommendations
| Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| ABR | 1.50 | 1.50 | 1.40 | 1.40 | 1.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
| Date | Brokerage Firm | Analyst | Previous | Current |
|---|---|---|---|---|
| 9/4/2024 | Raymond James | Samuel J Darkatsh | Moderate Buy | Moderate Buy |
| 8/29/2024 | Robert W. Baird & Co. | David J Manthey | Strong Buy | Strong Buy |
| 8/19/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 8/16/2024 | KeyBanc Capital Markets | Kenneth Newman | Strong Buy | Strong Buy |
| 8/16/2024 | Loop Capital Markets | Christopher Dankert | Strong Buy | Strong Buy |
| 7/1/2024 | Northcoast Research | Aaron Reed | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
| Current ABR | 1.50 |
| ABR (Last week) | 1.50 |
| # of Recs in ABR | 6 |
| Average Target Price | $223.00 |
| LT Growth Rate | 10.00% |
| Industry | Manufacturing - General Industrial |
| Industry Rank by ABR | 170 of 253 |
| Current Quarter EPS Est: | 2.31 |
AIT FAQs
Applied Industrial Technologies, Inc. (AIT) currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 6 brokerage firms.
The average price target for Applied Industrial Technologies, Inc. (AIT) is $223.00. The current on short-term price targets is based on 3 reports.
The forecasts for Applied Industrial Technologies, Inc. (AIT) range from a low of $210 to a high of $235. The average price target represents a increase of $12.95 from the last closing price of $197.44.
The current UPSIDE for Applied Industrial Technologies, Inc. (AIT) is 12.95%
Based on short-term price targets offered by five analysts, the average price target for Applied Industrial Technologies comes to $223.00. The forecasts range from a low of $210.00 to a high of $235.00. The average price target represents an increase of 12.95% from the last closing price of $197.44.