Acuity Brands, Inc. (NYSE:AYI) price target lowered to $286.00, issued a report today by Canaccord Genuity
- Updated: October 6, 2016
Having a price of $241.00, Acuity Brands, Inc. (NYSE:AYI) traded -1.03% lower on the day. The last stock price is down -5.90% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Acuity Brands, Inc. has recorded a 50-day average of $266.56 and a two hundred day average of $255.57. Volume of trade was down over the average, with 273,175 shares of AYI changing hands under the typical 295,086
Acuity Brands, Inc. (NYSE:AYI) had its target bumped down to $286.00 by Canaccord Genuity in a report issued 10/6/2016. The new target price indicates a possible upside of 0.19% based on the company's most recent stock price.
On Friday September 30, 2016, Williams Capital reported on Acuity Brands, Inc. (NYSE:AYI) upped the target price from $0.00 to $306.00. At the time, this suggested an upside of 0.18%.
Acuity Brands, Inc. has 52 week low of $169.42 and a 52 week high of $280.89 with a PE ratio of 39.29 and has a market cap of $0.
Also covering Acuity Brands, Inc.'s price target, a total of 10 brokers have issued a report on the company. The one year target is $247.20 with 7 firms rating the stock a strong buy, two analysts rating the company a buy, 4 brokers rating the stock a hold, zero brokerages rating the company a underperform, and lastly 0 firms rating the stock a sell.
General Information About Acuity Brands, Inc. (NYSE:AYI)
Acuity Brands, Inc. (Acuity Brands), is the parent company of Acuity Brands Lighting, Inc. (ABL), and other subsidiaries. Acuity Brands is a provider of lighting solutions for commercial, institutional, industrial, infrastructure, and residential applications throughout North America and select international markets. The Company's lighting solutions include devices, such as luminaires, lighting controls, power supplies, prismatic skylights, light-emitting diode (LED) lamps, and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources, including daylight, and other devices controlled by software that monitors and manages light levels while optimizing energy consumption (collectively referred to herein as lighting solutions). On March 13, 2013, the Company acquired eldoLED Europe BV.
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