American Axle & Manufacturing H found using ticker (AXL) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 12 and 9 with the average target price sitting at 9.79. Now with the previous closing price of 8.63 this is indicating there is a potential upside of 13.4%. The 50 day moving average now sits at 8.71 and the 200 moving average now moves to 8.77. The company has a market capitalisation of $989m. Visit the company website at: https://www.aam.com
The potential market cap would be $1,122m based on the market concensus.
American Axle & Manufacturing Holdings, together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles in the United States of America. It operates through Driveline and Metal Forming segments. The company’s Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. Its Metal Forming segment provides range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. Further, the company operates across Brazil, China, Czech Republic, England, France, Germany, India, Japan, Luxembourg, Mexico, Poland, Romina, Scotland, South Korea, Spain, Sweden, and Thailand. American Axle & Manufacturing Holdings was founded in 1994 and is headquartered in Detroit, Michigan.
