Albany International Corporatio found using ticker (AIN) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 110 and 86 with a mean TP of 96.67. Now with the previous closing price of 90.79 this is indicating there is a potential upside of 6.5%. There is a 50 day moving average of 85.49 and the 200 moving average now moves to 84.93. The market cap for the company is $2,821m. Company Website: https://www.albint.com
The potential market cap would be $3,003m 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.
