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American Axle & Manufact. Holdings, Inc. (NYSE:AXL) has been downgraded to Buy in a statement by ValuEngine earlier today.

Boasting a price of $15.55, American Axle & Manufact. Holdings, Inc. (NYSE:AXL) traded 2.13% higher on the day. With the last close down 16.62% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. American Axle & Manufact. Holdings, Inc. has recorded a 50-day average of $16.88 and a two hundred day average of $16.03. Volume of trade was down over the average, with 1,706,924 shares of AXL changing hands under the typical 1,850,700

ValuEngine has downgraded American Axle & Manufact. Holdings, Inc. (NYSE:AXL) to Buy in a statement released on 06/02/2017.

Performance Chart

American Axle & Manufact. Holdings, Inc. (NYSE:AXL)

With a market capitalization of $0, American Axle & Manufact. Holdings, Inc. has one year low of $12.61 and a one year high of $21.25 with a PE ratio of 6.44 .

A total of 12 firms have reported on the stock. Three analysts rating the company a strong buy, three equity analysts rating the company a buy, six equity analysts rating the company a hold, 1 brokerage rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $19.58.

About American Axle & Manufact. Holdings, Inc. (NYSE:AXL)

American Axle & Manufacturing Holdings, Inc. (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. Its driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. Its driveline, drivetrain and related products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems and metal-formed products. The Company's subsidiary, e-AAM Driveline Systems AB (e-AAM), engineers and develops battery electric and hybrid driveline systems to be commercialized for crossover vehicles and passenger cars. As of April 6, 2017, it operated in 17 countries and had approximately 90 manufacturing, engineering and business office facilities around the world.

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