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Applied Industrial Technologies Inc has a consensus price target of $261.25 based on the ratings of 8 analysts. The high is $305 issued by Oppenheimer on November 14, 2024. The low is $215 issued by Keybanc on August 16, 2024. The 3 most-recent analyst ratings were released by Oppenheimer, Loop Capital, and Raymond James on November 14, 2024, October 28, 2024, and October 25, 2024, respectively. With an average price target of $275 between Oppenheimer, Loop Capital, and Raymond James, there's an implied 4.69% 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 Oppenheimer on November 14, 2024. The analyst firm set a price target for $305.00 expecting AIT to rise to within 12 months (a possible 16.11% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Applied Industrial Techs (NYSE:AIT) was provided by Oppenheimer, and Applied Industrial Techs maintained their outperform rating.
The last upgrade for Applied Industrial Technologies Inc happened on March 17, 2023 when Baird raised their price target to $160. Baird 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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Applied Industrial Techs (AIT) rating was a maintained with a price target of $260.00 to $305.00. The current price Applied Industrial Techs (AIT) is trading at is $262.69, which is within the analyst’s predicted range.
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