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RBC Capital Sticks to Their Hold Rating for Atkore International Group (ATKR)

Tipranks - Tipranks - Thu Apr 16, 9:10PM CDT

RBC Capital analyst Deane Dray maintained a Hold rating on Atkore International Group on April 14 and set a price target of $71.00. The company’s shares closed yesterday at $68.89.

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According to TipRanks, Dray is a 5-star analyst with an average return of 13.7% and a 65.13% success rate. Dray covers the Industrials sector, focusing on stocks such as Lennox International, nVent Electric, and Pentair.

Currently, the analyst consensus on Atkore International Group is a Hold with an average price target of $72.33.

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Based on Atkore International Group’s latest earnings release for the quarter ending December 26, the company reported a quarterly revenue of $655.5 million and a net profit of $15 million. In comparison, last year the company earned a revenue of $661.6 million and had a net profit of $46.34 million

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