American Axle (AXL) Receives a Rating Update from a Top Analyst
Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on American Axle today and set a price target of $7.00. The company’s shares closed last Friday at $6.49.
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According to TipRanks, Jones is a top 100 analyst with an average return of 20.2% and a 71.20% success rate. Jones covers the Industrials sector, focusing on stocks such as Parker Hannifin, ITT, and Curtiss-Wright.
American Axle has an analyst consensus of Hold, with a price target consensus of $6.55, implying a 0.92% upside from current levels. In a report released on October 23, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $6.50 price target.
AXL market cap is currently $770.1M and has a P/E ratio of 18.86.
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