Applied Industrial Technologies, Inc. (AIT) Social Stream
APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering APPLIED INDUSTRIAL TECHNOLOGIES INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-24 | 4 | $111 | $105 | $109 | $132.23 | -17.57% |
| 2022-04-28 | 3 | $120 | $110 | $113.666 | $132.23 | -14.04% |
| 2022-08-12 | 2 | $140 | $129 | $134.5 | $132.23 | 1.72% |
| 2022-09-28 | 2 | $130 | $129 | $129.5 | $132.23 | -2.06% |
| 2023-01-17 | 2 | $138 | $129 | $133.5 | $132.23 | 0.96% |
| 2023-01-24 | 3 | $138 | $138 | $138 | $132.23 | 4.36% |
| 2023-01-27 | 3 | $170 | $160 | $164 | $132.23 | 24.03% |
The Trend in the Analyst Price Target
Over the past 19 months, AIT's average price target has gone up $56.
AIT reports an average of 12.48% for its upside potential over the past 39 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-09-28 | 2 | 130 | 129 | 129.5 | 99.70 | 29.89% |
| 2022-10-28 | 2 | 138 | 129 | 133.5 | 126.90 | 5.2% |
| 2023-01-17 | 2 | 138 | 129 | 133.5 | 124.66 | 7.09% |
| 2023-01-24 | 3 | 138 | 138 | 138.0 | 122.28 | 12.86% |
| 2023-01-27 | 3 | 170 | 160 | 164.0 | 140.31 | 16.88% |
AIT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.67 | 2 | 0 | 1 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
AIT's average broker recommendation rating improved by 0.33 over the prior 122 days.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how APPLIED INDUSTRIAL TECHNOLOGIES INC fares relative to all US stocks, note that its variance in analysts' estimates is lower than 42.5% of that group.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, APPLIED INDUSTRIAL TECHNOLOGIES INC's number of analysts covering the stock is greater than 70.94% of them.
- APPLIED INDUSTRIAL TECHNOLOGIES INC's upside potential (average analyst target price relative to current price) is greater than 97.99% of stocks in the mid market cap category.
- APPLIED INDUSTRIAL TECHNOLOGIES INC's average analyst price target is higher than 1000.84% of stocks in the mid market cap category.
Stocks similar to APPLIED INDUSTRIAL TECHNOLOGIES INC in the Wholesale industry regarding analyst recommendations and price targets are USFD, ASH, and UNVR.
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