RBC Capital disclosed Atkore International (NYSE:ATKR), boosting its price target to $25.00 earlier today
- Updated: November 30, 2016
Having a price of $21.34, Atkore International (NYSE:ATKR) traded 0.52% higher on the day. With the last stock price up 19.33% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. ATKR has recorded a 50-day average of $19.78 and a two hundred day average of $17.98. Trade Volume was down over the average, with 156,256 shares of ATKR changing hands under the typical 160,434
Reporting a potential upside of 0.17%, RBC Capital upped the price target of Atkore International (NYSE:ATKR) to $25.00
On 07/07/2016, JP Morgan released a statement about Atkore International (NYSE:ATKR) upped the target price from $0.00 to $19.00 that suggested an upside of 0.19%.
Recent Performance Chart
Atkore International has PE ratio of 83.14 with a one year low of $14.17 and a one year high of $22.49 and has a market capitalization of $0.
A total of 5 brokerages have issued a ratings update on Atkore International. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $20.00.
Brief Synopsis About Atkore International (NYSE:ATKR)
Atkore International Group Inc. is a manufacturer of electrical raceway products. The Company's products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S. Through the electrical raceway segment, it manufactures products that deploy, isolate and protect a structure's electrical circuitry from the original power source to the final outlet. The Company's electrical raceway segment products include electrical conduit, armored cable, cable trays, mounting systems and fittings. Through the MP&S segment, it provides products and services that frame, support and secure component parts in a range of structures, equipment and systems in electrical, industrial and construction applications. The Company's MP&S segment products include metal framing products and in-line galvanized mechanical tube.
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