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Guggenheim recorded American Axle & Manufact. Holdings, Inc. (NYSE:AXL), bumping its target to $18.00 earlier today

Having a price of $14.30, American Axle & Manufact. Holdings, Inc. (NYSE:AXL) traded 1.83% higher on the day. With the last stock price close down -1.29% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. American Axle & Manufact. Holdings, Inc. has recorded a 50-day average of $14.56 and a two hundred day average of $16.38. Volume of trade was up over the average, with 2,433,054 shares of AXL changing hands over the typical 1,822,540

Guggenheim upped the price target of American Axle & Manufact. Holdings, Inc. (NYSE:AXL) to $18.00 reporting a potential upside of 0.26%.

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

American Axle & Manufact. Holdings, Inc. has a 52 week low of $12.61 and a 52 week high of $21.25 with a P/E ratio of 5.57 The company’s market cap is currently $0.

In addition to Guggenheim reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $19.58 with 3 firms rating the stock a strong buy, 3 firms rating the stock a buy, 6 firms rating the stock a hold, one brokerage rating the company a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For 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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