American Axle & Mfg Holdings Inc has a consensus price target of $8.14 based on the ratings of 13 analysts. The high is $14 issued by Morgan Stanley on April 6, 2022. The low is $5 issued by Barclays on May 10, 2022. The 3 most-recent analyst ratings were released by Deutsche Bank, B of A Securities, and B of A Securities on September 10, 2024, August 12, 2024, and July 22, 2024, respectively. With an average price target of $7.17 between Deutsche Bank, B of A Securities, and B of A Securities, there's an implied 15.41% upside for American Axle & Mfg Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for American Axle & Mfg Hldgs (NYSE:AXL) was reported by Deutsche Bank on September 10, 2024. The analyst firm set a price target for $6.00 expecting AXL to fall to within 12 months (a possible -3.38% downside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for American Axle & Mfg Hldgs (NYSE:AXL) was provided by Deutsche Bank, and American Axle & Mfg Hldgs their hold rating.
The last upgrade for American Axle & Mfg Holdings Inc happened on February 28, 2024 when UBS raised their price target to $7. UBS previously had a sell for American Axle & Mfg Holdings Inc.
The last downgrade for American Axle & Mfg Holdings Inc happened on January 17, 2024 when UBS changed their price target from $8 to $6.5 for American Axle & Mfg Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of American Axle & Mfg Hldgs, 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 American Axle & Mfg Hldgs was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.
While ratings are subjective and will change, the latest American Axle & Mfg Hldgs (AXL) rating was a with a price target of $0.00 to $6.00. The current price American Axle & Mfg Hldgs (AXL) is trading at is $6.21, which is out of the analyst’s predicted range.
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