Impact of Brokerage Rating on American Axle & Manufacturing Holdings, Inc.(AXL)

Many American Axle & Manufacturing Holdings, Inc.(AXL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. American Axle & Manufact. Holdings was Reiterated by FBR & Co. to Underperform on Feb 13, 2017. American Axle & Manufact. Holdings was Downgraded by Citigroup to Neutral on Feb 13, 2017. Company shares were Upgraded by RBC Capital Mkts on Dec 20, 2016 to Outperform, Raises Price Target to $ 23 from a previous price target of $16 .Company shares were Upgraded by Barclays on Dec 16, 2016 to Overweight, Raises Price Target to $ 24 from a previous price target of $17 .American Axle & Manufact. Holdings was Upgraded by Deutsche Bank on Dec 1, 2016 to Buy, Lowers Price Target to $ 20 from a previous price target of $21 .

Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Peter David Lyons (director) purchased 5,000 shares at 17.50 per share price.On Nov 15, 2016, David C Dauch (CEO) purchased 50,000 shares at 14.43 per share price.On Nov 10, 2016, Samuel Iii Valenti (director) purchased 10,000 shares at 13.44 per share price.

American Axle & Manufact. Holdings Last issued its quarterly earnings results on Feb 10, 2017. The company reported $0.59 EPS for the quarter, missing the analyst consensus estimate by $ -0.08. Analyst had a consensus of $0.67. The company had revenue of $946.50 million for the quarter, compared to analysts expectations of $965.42 million. The companys revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.81 EPS.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 3 by 10 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) shares are expected to touch $18.25 in the short term. This short term price target has been shared by 8 analysts. However, the standard deviation of short term price estimate has been valued at 5.34. The target price could hit $24 on the higher end and $11 on the lower end.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) rose 0.1% or 0.02 points on Tuesday and made its way into the gainers of the day. After trading began at $20.2 the stock was seen hitting $20.62 as a peak level and $20.195 as the lowest level. The stock ended up at $20.36. The daily volume was measured at 1,313,033 shares. The 52-week high of the share price is $21.2499 and the 52-week low is $12.61. The company has a market cap of $1,557 million.

American Axle & Manufacturing Holdings Inc. is a world leader in the design, engineering and manufacture of driveline systems for light trucks and sport utility vehicles. The companys product lines include rear axles, independent front four-wheel drive axles, all-wheel-drive system components, independent rear-drive systems, TracRite differentials, propeller shafts, steering linkages, anti-roll systems, steering & suspension systems, and forged products. (PRESS RELEASE)


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