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Acuity Brands Inc has a consensus price target of $263.75 based on the ratings of 9 analysts. The high is $370 issued by Oppenheimer on October 2, 2024. The low is $193 issued by Wells Fargo on January 5, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Wells Fargo, and Oppenheimer on October 2, 2024, respectively. With an average price target of $326 between Goldman Sachs, Wells Fargo, and Oppenheimer, there's an implied 7.70% upside for Acuity Brands Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Acuity Brands (NYSE:AYI) was reported by Goldman Sachs on October 2, 2024. The analyst firm set a price target for $303.00 expecting AYI to rise to within 12 months (a possible 0.10% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Acuity Brands (NYSE:AYI) was provided by Goldman Sachs, and Acuity Brands maintained their neutral rating.
There is no last upgrade for Acuity Brands
The last downgrade for Acuity Brands Inc happened on June 28, 2024 when Wells Fargo changed their price target from $295 to $260 for Acuity Brands Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Acuity Brands, 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 Acuity Brands was filed on October 2, 2024 so you should expect the next rating to be made available sometime around October 2, 2025.
While ratings are subjective and will change, the latest Acuity Brands (AYI) rating was a maintained with a price target of $266.00 to $303.00. The current price Acuity Brands (AYI) is trading at is $302.70, which is within the analyst’s predicted range.
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