Albany International Corporatio – Consensus Indicates Potential 17.4% Upside

Broker Ratings
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Albany International Corporatio found using ticker (AIN) have now 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 96 and 86 with the average target price sitting at 91.71. With the stocks previous close at 78.13 this would indicate that there is a potential upside of 17.4%. The 50 day moving average now sits at 80.88 while the 200 day moving average is 83.64. The company has a market capitalisation of $2,501m. Find out more information at: https://www.albint.com

The potential market cap would be $2,935m based on the market concensus.

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

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