Acuity Brands found using ticker (AYI) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 210 and 180 with the average target price sitting at 193.86. With the stocks previous close at 189.72 this indicates there is a potential upside of 2.2%. There is a 50 day moving average of 177.73 and the 200 day moving average is 172.67. The company has a market cap of $6,141m. Visit the company website at: https://www.acuitybrands.com
The potential market cap would be $6,275m 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.
