Throughout the last three months, 5 analysts have evaluated Acuity Brands (NYSE:AYI), offering a diverse set of opinions from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

BullishSomewhat BullishIndifferentSomewhat BearishBearishTotal Ratings01400Last 30D013001M Ago001002M Ago000003M Ago00000

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $317.0, a high estimate of $370.00, and a low estimate of $289.00. This upward trend is evident, with the current average reflecting a 12.41% increase from the previous average price target of $282.00.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

The perception of Acuity Brands by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

AnalystAnalyst FirmAction TakenRatingCurrent Price TargetPrior Price TargetBrian LeeGoldman SachsRaisesNeutral$303.00$266.00Joseph O'DeaWells FargoRaisesEqual-Weight$305.00$289.00Christopher GlynnOppenheimerRaisesOutperform$370.00$315.00Timothy WojsBairdRaisesNeutral$318.00$280.00Joseph O'DeaWells FargoRaisesEqual-Weight$289.00$260.00Key Insights:

Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments ...

Full story available on Benzinga.com