Astec Industries Inc has a consensus price target of $38.5 based on the ratings of 2 analysts. The high is $40 issued by Baird on November 7, 2024. The low is $37 issued by Stifel on May 2, 2024. The 3 most-recent analyst ratings were released by Baird, Stifel, and Stifel on November 7, 2024, May 2, 2024, and December 19, 2023, respectively. With an average price target of $39.67 between Baird, Stifel, and Stifel, there's an implied 7.18% upside for Astec Industries Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Astec Industries (NASDAQ:ASTE) was reported by Baird on November 7, 2024. The analyst firm set a price target for $40.00 expecting ASTE to rise to within 12 months (a possible 8.08% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Astec Industries (NASDAQ:ASTE) was provided by Baird, and Astec Industries maintained their neutral rating.
There is no last upgrade for Astec Industries
The last downgrade for Astec Industries Inc happened on May 2, 2024 when Stifel changed their price target from $47 to $37 for Astec Industries Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Astec Industries, 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 Astec Industries was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Astec Industries (ASTE) rating was a maintained with a price target of $36.00 to $40.00. The current price Astec Industries (ASTE) is trading at is $37.01, which is within the analyst’s predicted range.
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