Applied Industrial Technologies, Inc. (AIT) Social Stream



Applied Industrial Technologies, Inc. (AIT): $190.49

3.42 (+1.83%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

B

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Industry: Industrial - Equipment

Industry

C

Ranked

#29 of 87

in industry

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 3 $111 $110 $110.333 $165.96 -33.52%
2022-04-28 3 $120 $111 $115.5 $165.96 -30.4%
2022-08-12 2 $140 $129 $134.5 $165.96 -18.96%
2022-09-28 2 $130 $129 $129.5 $165.96 -21.97%
2023-01-17 2 $138 $129 $133.5 $165.96 -19.56%
2023-01-24 3 $138 $138 $138 $165.96 -16.85%
2023-01-27 3 $170 $160 $164 $165.96 -1.18%
2023-04-27 3 $170 $160 $164 $165.96 -1.18%
2023-04-28 3 $170 $161 $164.333 $165.96 -0.98%
2023-08-11 3 $182 $161 $171 $165.96 3.04%
2023-10-26 3 $185 $174 $180.333 $165.96 8.66%

The Trend in the Analyst Price Target


Over the past 20 months, AIT's average price target has gone up $71.33.

AIT reports an average of 15.54% for its upside potential over the past 40 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-01-17 2 138 129 133.500 124.66 7.09%
2023-01-24 3 138 138 138.000 122.28 12.86%
2023-08-11 3 182 161 171.000 152.60 12.06%
2023-08-11 3 185 170 179.000 152.60 17.3%
2023-10-26 3 185 174 180.333 154.97 16.37%

AIT Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1 3 0 0 0 0 3

The Trend in the Broker Recommendations


AIT's average broker recommendation rating improved by 0.2 over the prior 36 months.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means 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 25.77% 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 higher than 86.06% of them.
  • AIT has a higher average analyst price target than 1390.77% of stocks in the mid market cap category.
  • APPLIED INDUSTRIAL TECHNOLOGIES INC's upside potential (average analyst target price relative to current price) is greater than 204.38% 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 RDUS, CNM, and REZI.

What is the outlook for AIT? Use POWR Ratings for clearer insight into price direction.


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