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Applied Industrial Technologies Inc has a consensus price target of $284.38 based on the ratings of 8 analysts. The high is $325 issued by Keybanc on December 3, 2024. The low is $250 issued by Raymond James on October 25, 2024. The 3 most-recent analyst ratings were released by Keybanc, B of A Securities, and Oppenheimer on December 3, 2024, November 26, 2024, and November 14, 2024, respectively. With an average price target of $315 between Keybanc, B of A Securities, and Oppenheimer, there's an implied 30.93% upside for Applied Industrial Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Applied Industrial Techs (NYSE:AIT) was reported by Keybanc on December 3, 2024. The analyst firm set a price target for $325.00 expecting AIT to rise to within 12 months (a possible 35.09% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Applied Industrial Techs (NYSE:AIT) was provided by Keybanc, and Applied Industrial Techs maintained their overweight rating.
The last upgrade for Applied Industrial Technologies Inc happened on November 26, 2024 when B of A Securities raised their price target to $315. B of A Securities previously had a neutral for Applied Industrial Technologies Inc.
The last downgrade for Applied Industrial Technologies Inc happened on August 12, 2022 when Baird changed their price target from N/A to $129 for Applied Industrial Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Applied Industrial Techs, 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 Applied Industrial Techs was filed on December 3, 2024 so you should expect the next rating to be made available sometime around December 3, 2025.
While ratings are subjective and will change, the latest Applied Industrial Techs (AIT) rating was a maintained with a price target of $275.00 to $325.00. The current price Applied Industrial Techs (AIT) is trading at is $240.58, which is out of the analyst’s predicted range.
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