Breaking Finance News

BidaskClub downgraded American Axle & Manufact. Holdings, Inc. (NYSE:AXL) to Strong Sell in a report released today.

BidaskClub has downgraded American Axle & Manufact. Holdings, Inc. (NYSE:AXL) to Strong Sell in a report released on Tuesday June 20, 2017.

Just yesterday American Axle & Manufact. Holdings, Inc. (NYSE:AXL) traded 1.83% higher at $14.30. American Axle & Manufact. Holdings, Inc.’s 50-day moving average is $14.56 and its 200-day moving average is $16.38. The last stock price is down -1.29% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 2,433,054 shares of AXL traded hands, up from an average trading volume of 1,822,540

Recent Performance Chart

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

American Axle & Manufact. Holdings, Inc. has 52 week low of $12.61 and a 52 week high of $21.25 with a PE ratio of 5.57 and has a market capitalization of $0.

In addition to BidaskClub reporting its stock price target, a total of 12 brokerages have issued a research note on the company. The average stock price target is $19.58 with 3 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 6 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *