Peeling Back The Layers: Exploring AZEK Co Through Analyst Insights
Portfolio Pulse from Benzinga Insights
Analysts have diverse views on AZEK Co (NYSE:AZEK), with recent evaluations showing a bullish trend. The average 12-month price target for AZEK has risen to $49.5, up 19.28% from $41.50. Analysts from firms like Truist Securities and BMO Capital have raised their price targets, reflecting optimism about the company's performance. AZEK's financial health indicators such as revenue growth and net margin are strong, but it faces challenges in ROE and ROA.
March 11, 2024 | 3:01 pm
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POSITIVE IMPACT
Analyst sentiment towards AZEK Co is increasingly bullish, with a significant rise in the average price target to $49.5, indicating a positive outlook on the company's performance.
The increase in the average price target by analysts, along with positive adjustments in their ratings, suggests a strong belief in AZEK's future performance. This optimism is further supported by the company's strong revenue growth and net margin, despite challenges in ROE and ROA. The bullish sentiment among analysts, combined with the company's financial health, is likely to positively impact AZEK's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100