Skip to main content

Wells Fargo Sticks to Its Buy Rating for Acuity Brands (AYI)

Tipranks - Tipranks - Tue Feb 24, 4:20AM CST

In a report released on February 19, Joe O’Dea from Wells Fargo maintained a Buy rating on Acuity Brands, with a price target of $385.00. The company’s shares closed last Friday at $312.07.

Claim 50% Off TipRanks Premium

According to TipRanks, O’Dea is a 5-star analyst with an average return of 12.0% and a 63.47% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Dover, Honeywell International, and Parker Hannifin.

Acuity Brands has an analyst consensus of Strong Buy, with a price target consensus of $390.00.

See today’s best-performing stocks on TipRanks >>

Based on Acuity Brands’ latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $1.14 billion and a net profit of $120.5 million. In comparison, last year the company earned a revenue of $951.6 million and had a net profit of $106.7 million

Read More on AYI:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).