Loop Capital Markets analyst Chris Dankert maintained a Buy rating on Applied Industrial Technologies today and set a price target of $310.00. The company’s shares opened today at $257.40.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Dankert is a 5-star analyst with an average return of 13.9% and a 70.63% success rate. Dankert covers the Industrials sector, focusing on stocks such as Fastenal Company, Nordson, and Regal Rexnord.
Currently, the analyst consensus on Applied Industrial Technologies is a Strong Buy with an average price target of $272.50.
AIT market cap is currently $9.69B and has a P/E ratio of 25.52.
Read More on AIT: