Zacks Rating on American Axle & Manufacturing Holdings (AXL)

American Axle & Manufacturing Holdings (AXL) : The consensus on American Axle & Manufacturing Holdings (AXL) based on 10 analyst recommendation on the company stock is 2.7, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

American Axle & Manufacturing Holdings (AXL) : The most positive equity analysts on American Axle & Manufacturing Holdings (AXL) expects the shares to touch $27, whereas, the least positive believes that the stock will trade at $14 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $19.44 with an expected fluctuation of $3.71 from the mean.


American Axle & Manufacturing Holdings Inc. is up 16.01% in the last 3-month period. Year-to-Date the stock performance stands at -6.28%. American Axle & Manufacturing Holdings (NYSE:AXL): stock turned positive on Tuesday. Though the stock opened at $17.62, the bulls momentum made the stock top out at $17.77 level for the day. The stock recorded a low of $17.59 and closed the trading day at $17.75, in the green by 1.20%. The total traded volume for the day was 743,207. The stock had closed at $17.54 in the previous days trading.

American Axle & Manufacturing Holdings, Inc. is an automotive supplier. The Company manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules. The Company provides these components for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. Driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. Its driveline, drivetrain and related products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems and metal-formed products. The Companys technologies include PowerLite axles, PowerDense gears and PowerFilm lubricant for passenger car, light truck and AWD applications. It operates in 13 countries and has 37 manufacturing, engineering and business office facilities across the world.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *