Joel Tiss, analyst at BMO Capital, reiterates coverage on Altra Industrial Motion (AIMC) in the Industrial Goods sector with a Buy rating. TipRanks.com has Tiss rated as a 5 star analyst with a 16% return on investment and a 68% success rate. Tiss has set a price target of $73.00 .
TipRanks.com reports that AIMC currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $72.00 . The target pricing ranges from a high forecast of $76.00 down to a low forecast of $65.00 .
AIMC’s last closing price was $59.77 which would put the average price target at 20.46% upside.
In addition, TradingView issued a Buy rating for AIMC over the next month.
Remember, securities are volatile, so please do your own research on AIMC.
Other analysts covering AIMC include:
- Michael Halloran of Robert W Baird issued a buy rate with the price target of $76 on July 26th
- Scott Graham of Rosenblatt Securities issued a hold with the price target of $65 on July 25th
- Bryan Blair of Oppenheimer issued a buy rate with the price target of $74 on July 23rd
If you are interest in stocks like AIMC or stocks in the Industrial Goods sector, please click here.
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