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Stifel Nicolaus issued a report on AZZ Inc. (NYSE:AZZ), reducing its stock price target to $56.00 earlier today

Stifel Nicolaus bumped down the target of AZZ Inc. (NYSE:AZZ) to $56.00 stating a potential upside of 0.14%.

Boasting a price of $49.00, AZZ Inc. (NYSE:AZZ) traded 0.10% higher on the day. The last stock close price is down -11.87% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. The company has recorded a 50-day moving average of $51.66 and a 200-day moving average of $56.22. 82,817 shares of the stock were exchanged, down from an average trading volume of 98,438

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With a total market value of $0, AZZ Inc. has price-earnings ratio of 24.40 with a one year low of $47.63 and a one year high of $67.98 .

A total of 2 analysts have released a report on AZZ Inc.. zero analysts rating the company a strong buy, zero analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $57.00.

Brief Synopsis About AZZ Inc. (NYSE:AZZ)

AZZ Inc. is a provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company operates through two segments: Energy segment and Galvanizing segment. Its Energy segment provides products and services designed to support industrial, nuclear and electrical applications. Its product offerings include custom switchgear, electrical enclosures, medium and high voltage bus ducts, explosion proof and hazardous duty lighting, nuclear safety-related equipment and tubular products. Its Galvanizing segment provides hot dip galvanizing to the steel fabrication industry through facilities located throughout the United States and Canada. It serves fabricators or manufacturers that provide services to the electrical and telecommunications, bridge and highway, petrochemical and general industrial markets and various original equipment manufacturers.

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