Key Takeaways From Albany Intl Analyst Ratings
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Albany Intl (NYSE:AIN) over the last quarter show a mix of bullish and bearish sentiments. The average 12-month price target has decreased to $97.2 from $104.80. Key analysts from firms like Truist Securities, B of A Securities, JP Morgan, and TD Cowen have lowered their price targets. Albany Intl has shown strong financial performance with a 16.44% revenue growth rate, 8.71% net margin, and a low debt-to-equity ratio of 0.45.
July 17, 2024 | 7:00 pm
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NEUTRAL IMPACT
Analysts have mixed ratings for Albany Intl (NYSE:AIN) with a decreased average price target of $97.2. Despite the lowered targets, the company shows strong financial performance with significant revenue growth and profitability.
The mixed analyst ratings and decreased price targets suggest uncertainty about Albany Intl's short-term stock performance. However, the company's strong financial metrics, including revenue growth and profitability, provide a counterbalance, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100