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ABM Industries Inc has a consensus price target of $51.4 based on the ratings of 5 analysts. The high is $56 issued by Baird on September 9, 2024. The low is $43 issued by Deutsche Bank on September 8, 2023. The 3 most-recent analyst ratings were released by UBS, Truist Securities, and Baird on September 9, 2024, respectively. With an average price target of $55.33 between UBS, Truist Securities, and Baird, there's an implied -0.05% downside for ABM Industries Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ABM Indus (NYSE:ABM) was reported by UBS on September 9, 2024. The analyst firm set a price target for $55.00 expecting ABM to fall to within 12 months (a possible -0.65% downside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for ABM Indus (NYSE:ABM) was provided by UBS, and ABM Indus maintained their neutral rating.
The last upgrade for ABM Industries Inc happened on June 21, 2022 when Baird raised their price target to $50. Baird previously had a neutral for ABM Industries Inc.
The last downgrade for ABM Industries Inc happened on September 8, 2023 when Deutsche Bank changed their price target from $65 to $43 for ABM Industries Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ABM Indus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ABM Indus was filed on September 9, 2024 so you should expect the next rating to be made available sometime around September 9, 2025.
While ratings are subjective and will change, the latest ABM Indus (ABM) rating was a maintained with a price target of $51.00 to $55.00. The current price ABM Indus (ABM) is trading at is $55.36, which is out of the analyst’s predicted range.
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