Brokerage Firm Rating Update on Accuride Corporation New (ACW)

Accuride Corporation New (ACW) has an average broker rating of 2, which is interpreted as a Buy, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Accuride Corporation New (ACW) : The most positive equity analysts on Accuride Corporation New (ACW) expects the shares to touch $4, whereas, the least positive believes that the stock will trade at $2 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $2.75 with an expected fluctuation of $1.77 from the mean.


Company shares have received an average consensus rating of Hold for the current week

Accuride Corporation New (NYSE:ACW): The stock was completely flat for the day, closing at $2.58 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $2.58, the stock touched an intraday high of $2.66 and a low of $2.58. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $2.58. The total trading volume on Wednesday was 1,693,002.

Accuride Corporation is a manufacturer and supplier of commercial vehicle components in North America. The Companys three segments are Wheels, Gunite and Brillion Iron Works. The Wheels segments products primarily consist of steel and aluminum wheels. The Gunite segments products consist primarily of wheel-end components and assemblies. The Brillion Iron Works segments products primarily consist of ductile, austempered ductile and gray iron castings, including engine and transmission components and industrial components. It classifies its products as wheels, wheel-end components and assemblies, and ductile and gray iron castings. The Company markets its products under a number of brand names, including Accuride, Gunite, and Brillion. It serves original equipment manufacturers (OEMs) and their related aftermarket channels in the commercial vehicle market, including heavy-and medium-duty trucks, commercial trailers, light trucks, buses, as well as specialty and military vehicles.

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