Applied Industrial Technologies (AIT) Stock Forecast & Price Target

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$184.27

-3.61 (-1.92%)

(As of 04/17/2024 ET)

Applied Industrial Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 4 Analyst Ratings

Analysts' Consensus Price Target

$201.00
9.08% Upside

High Forecast	$235.00
Average Forecast	$201.00
Low Forecast	$174.00

Type	Current Forecast 4/19/23 to 4/18/24	1 Month Ago 3/20/23 to 3/19/24	3 Months Ago 1/19/23 to 1/19/24	1 Year Ago 4/19/22 to 4/19/23
Consensus Rating	Buy	Buy	Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$201.00	$184.67	$180.33	$164.00
Predicted Upside	9.08% Upside	15.30% Upside	18.74% Upside	20.85% Upside

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AIT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AIT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Applied Industrial Technologies Stock vs. The Competition

Type	Applied Industrial Technologies	Industrial Products Companies	S&P 500
Consensus Rating Score	3.00	2.55	2.49
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside	9.08% Upside	46.74% Upside	12.25% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/11/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$195.00 ➝ $210.00	+9.26%
4/2/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$235.00	+22.15%
8/14/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$170.00 ➝ $174.00	+14.02%
8/11/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$161.00 ➝ $185.00	+22.11%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:59 AM ET.

AIT Price Target - Frequently Asked Questions

What is Applied Industrial Technologies's consensus rating and price target?: According to the issued ratings of 4 analysts in the last year, the consensus rating for Applied Industrial Technologies stock is Buy based on the current 4 buy ratings for AIT. The average twelve-month price prediction for Applied Industrial Technologies is $201.00 with a high price target of $235.00 and a low price target of $174.00. Learn more on AIT's analyst rating history.
Do Wall Street analysts like Applied Industrial Technologies more than its competitors?: Analysts like Applied Industrial Technologies more than other Industrial Products companies. The consensus rating for Applied Industrial Technologies is Buy while the average consensus rating for industrial products companies is Moderate Buy. Learn more on how AIT compares to other companies.
Does Applied Industrial Technologies's stock price have much upside?: According to analysts, Applied Industrial Technologies's stock has a predicted upside of 16.74% based on their 12-month stock forecasts.

What analysts cover Applied Industrial Technologies?: Applied Industrial Technologies has been rated by KeyCorp, and Oppenheimer in the past 90 days.

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This page (NYSE:AIT) was last updated on 4/18/2024 by MarketBeat.com Staff

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Applied Industrial Technologies (AIT) Stock Forecast & Price Target

Applied Industrial Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

AIT Analyst Ratings By Month

AIT Price Targets by Month

Applied Industrial Technologies Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

AIT Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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