UBS Remains a Buy on American Axle (AXL)
In a report released on October 3, Joseph Spak from UBS maintained a Buy rating on American Axle, with a price target of $8.50. The company’s shares closed last Friday at $6.22.
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According to TipRanks, Spak is an analyst with an average return of -9.1% and a 47.39% success rate. Spak covers the Consumer Cyclical sector, focusing on stocks such as General Motors, Tesla, and Adient.
American Axle has an analyst consensus of Hold, with a price target consensus of $6.85.
AXL market cap is currently $738.1M and has a P/E ratio of 18.07.
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