What Analysts Are Saying About AZEK Co Stock
Portfolio Pulse from Benzinga Insights
Analysts have recently provided ratings and price targets for AZEK Co (NYSE:AZEK), showing a positive sentiment with 9 bullish and no bearish ratings. The average 12-month price target is $39.56, with a high of $44.00 and a low of $35.00. The current average has increased by 2.94% from the previous $38.43. Analysts from firms like Stifel, Wolfe Research, and BMO Capital have raised their price targets, while others from B. Riley Securities, Truist Securities, and Barclays have lowered theirs. AZEK Co is a manufacturer of outdoor living products with a focus on the Residential segment, showing a positive revenue trend with a growth rate of 27.63% as of September 30, 2023, but has below-average net margin, ROE, and ROA.
December 19, 2023 | 4:00 pm
News sentiment analysis
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POSITIVE IMPACT
Analysts show a bullish outlook on AZEK Co with an increased average price target of $39.56, indicating a positive sentiment that could influence the stock price positively in the short term.
The positive sentiment from analysts, reflected in the increased average price target and the majority of bullish ratings, suggests that investors may react favorably in the short term. The recent rise in the average price target by 2.94% from the previous target could lead to increased investor confidence and a potential uplift in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100