Atkore (NYSE:ATKR – Get Rating) had its price objective boosted by Citigroup from $94.00 to $117.00 in a report published on Monday morning, The Fly reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on ATKR. Credit Suisse Group lifted their target price on Atkore from $130.00 to $143.00 and gave the company an outperform rating in a research note on Wednesday, August 3rd. StockNews.com initiated coverage on shares of Atkore in a research note on Wednesday, October 12th. They set a buy rating on the stock. Royal Bank of Canada decreased their target price on shares of Atkore from $151.00 to $125.00 and set an outperform rating for the company in a research report on Wednesday, August 3rd. Finally, Loop Capital initiated coverage on shares of Atkore in a research note on Tuesday, October 18th. They set a buy rating and a $110.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Atkore currently has a consensus rating of Moderate Buy and a consensus target price of $126.50.
Atkore Price Performance
NYSE ATKR opened at $117.15 on Monday. The company has a 50-day moving average price of $89.19 and a two-hundred day moving average price of $92.39. Atkore has a 52 week low of $70.50 and a 52 week high of $123.53. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of 5.77 and a beta of 2.22. The company has a current ratio of 2.77, a quick ratio of 1.91 and a debt-to-equity ratio of 0.67.
Institutional Investors Weigh In On Atkore
Atkore Inc manufactures and sells electrical, safety, and infrastructure products in the United States and internationally. The company offers electrical products, including conduits cables, and installation accessories. It also provides safety and infrastructure solutions, such as metal framing, mechanical pipe, perimeter security, and cable management.
- Get a free copy of the StockNews.com research report on Atkore (ATKR)
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