Acuity Brands with ticker code (AYI) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 210 and 170 calculating the average target price we see 193. Now with the previous closing price of 167.78 this now indicates there is a potential upside of 15.0%. There is a 50 day moving average of 179.85 while the 200 day moving average is 172.72. The market cap for the company is $5,445m. You can visit the company’s website by visiting: https://www.acuitybrands.com
The potential market cap would be $6,264m based on the market concensus.
Acuity Brands provides lighting and building management solutions in North America and internationally. The company operates through two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Sunoptics, eldoLED, nLight, Sensor Switch, IOTA, A-Light, Cyclone, Eureka, Lumniaire LED, Luminis, Dark to Light, RELOC Wiring Solutions, and OPTOTRONIC brands. This segment serves electrical distributors, retail home improvement centers, electric utilities, national accounts, original equipment manufacturers, digital retailers, lighting showrooms, and energy service companies. The ISG segment offers building management platform and location-aware applications under the Distech Controls and Atrius brands. This segment serves system integrators, as well as retail stores, airports, and enterprise campuses. Acuity Brands was incorporated in 2001 and is headquartered in Atlanta, Georgia.
