What 5 Analyst Ratings Have To Say About American Axle & Mfg Hldgs
Portfolio Pulse from Benzinga Insights
American Axle & Mfg Hldgs (NYSE:AXL) has received 5 analyst ratings in the last quarter, with 1 somewhat bullish and 4 indifferent. The average 12-month price target for the company is $8.1, a decrease of 14.74% from the previous average of $9.50.
November 06, 2023 | 8:00 pm
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NEGATIVE IMPACT
American Axle & Mfg Hldgs has seen a decrease in its average price target and a majority of indifferent analyst ratings, which could impact investor sentiment.
The decrease in the average price target indicates that analysts have lowered their expectations for the company's stock price, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price. Additionally, the majority of the ratings are indifferent, suggesting a lack of strong positive sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100