Analyst Ratings for Acuity Brands
Portfolio Pulse from Benzinga Insights
Acuity Brands (NYSE:AYI) has received three somewhat bullish and three indifferent analyst ratings in the last quarter. The average 12-month price target for the company, according to six analysts, is $182.17, a decrease of 6.46% from the previous average price target of $194.75.
June 30, 2023 | 3:00 pm
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NEUTRAL IMPACT
Mixed analyst ratings and a decreased price target could lead to uncertainty among investors, potentially impacting Acuity Brands' stock price.
Analyst ratings can significantly influence investor sentiment. In this case, the mixed ratings and decreased price target may create uncertainty, which could lead to volatility in the stock's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100