Analyst Ratings for American Axle & Mfg Hldgs
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 analysts have provided their ratings on American Axle & Mfg Hldgs (NYSE:AXL), with an average 12-month price target of $8.08, a decrease from the previous $9.40 target. The consensus among these analysts is largely indifferent, with 4 neutral ratings, 1 somewhat bullish, and 1 somewhat bearish. The current average price target suggests a 14.04% decrease from the earlier average.
November 28, 2023 | 2:00 pm
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NEGATIVE IMPACT
Analysts have an indifferent consensus on American Axle & Mfg Hldgs with a downward revised average price target of $8.08, indicating a potential decrease in stock value.
The revised average price target is lower than the previous one, indicating that analysts have reduced their expectations for the stock's performance. This could lead to a negative perception among investors and a potential short-term decrease in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100