In a report released yesterday, Rich Kwas from Wells Fargo maintained a Buy rating on Acuity Brands (AYI). The company’s shares closed on Monday at $114.95, close to its 52-week low of $103.48.
According to TipRanks.com, Kwas is a 4-star analyst with an average return of 3.2% and a 46.7% success rate. Kwas covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Rockwell Automation Inc, and Magna International.
Currently, the analyst consensus on Acuity Brands is a Strong Buy with an average price target of $166.
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The company has a one-year high of $186.99 and a one-year low of $103.48. Currently, Acuity Brands has an average volume of 600.2K.
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Acuity Brands, Inc. engages in the provision of lighting and building management solutions and services. It caters commercial, institutional, industrial, infrastructure, and residential applications for various markets.
