Stifel Nicolaus Sticks to Their Hold Rating for AZZ Inc


Stifel Nicolaus analyst Noelle Dilts reiterated a Hold rating on AZZ Inc (NYSE: AZZ) today and set a price target of $47. The company’s shares closed yesterday at $41.60, close to its 52-week low of $39.50.

According to TipRanks.com, Dilts is a 4-star analyst with an average return of 7.9% and a 57.9% success rate. Dilts covers the Basic Materials sector, focusing on stocks such as Emcor Group, Tetra Tech, and MYR Group.

AZZ Inc has an analyst consensus of Hold, with a price target consensus of $47.

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Based on AZZ Inc’s latest earnings release for the quarter ending February 28, the company reported a quarterly net profit of $23.49 million. In comparison, last year the company had a net profit of $11.93 million.

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AZZ, Inc. engages in the provision of galvanizing services, welding solutions, specialty electrical equipment, and engineered services. It operates through the Energy and Galvanizing segments. The Energy segment provides products and services designed to support industrial, nuclear, and electrical applications.