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Albany International Corp has a consensus price target of $92.4 based on the ratings of 6 analysts. The high is $120 issued by Baird on July 14, 2023. The low is $80 issued by B of A Securities on November 15, 2024. The 3 most-recent analyst ratings were released by B of A Securities, Truist Securities, and TD Cowen on November 15, 2024, November 1, 2024, and October 4, 2024, respectively. With an average price target of $82 between B of A Securities, Truist Securities, and TD Cowen, there's an implied -0.64% downside for Albany International Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Albany Intl (NYSE:AIN) was reported by B of A Securities on November 15, 2024. The analyst firm set a price target for $80.00 expecting AIN to fall to within 12 months (a possible -3.07% downside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Albany Intl (NYSE:AIN) was provided by B of A Securities, and Albany Intl maintained their underperform rating.
The last upgrade for Albany International Corp happened on September 18, 2023 when TD Cowen raised their price target to $106. TD Cowen previously had a market perform for Albany International Corp.
The last downgrade for Albany International Corp happened on March 28, 2024 when B of A Securities changed their price target from $105 to $95 for Albany International Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Albany Intl, 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 Albany Intl was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Albany Intl (AIN) rating was a maintained with a price target of $90.00 to $80.00. The current price Albany Intl (AIN) is trading at is $82.53, which is out of the analyst’s predicted range.
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