AZZ Inc. with ticker code (AZZ) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 62 and 62 with the average target price sitting at 62. Given that the stocks previous close was at 47.89 this indicates there is a potential upside of 29.5%. The day 50 moving average is 50.83 and the 200 day MA is 52.66. The company has a market capitalisation of $1,214m. Company Website: https://www.azz.com
The potential market cap would be $1,571m based on the market concensus.
AZZ Inc. provides galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States and internationally. The company operates through two segments, Infrastructure Solutions and Metal Coatings. The Metal Coatings segment offers hot dip galvanizing, powder coating, anodizing, plating, and other metal coating applications to the steel fabrication and other industries. It serves fabricators or manufacturers that provide services to the electrical and telecommunications, bridge and highway, petrochemical, and general industrial markets, as well as original equipment manufacturers. The Infrastructure Solutions segment provides products and services to support industrial and electrical applications. It offers custom switchgear, electrical enclosures, medium and high voltage bus ducts, explosion proof and hazardous duty lighting, nuclear safety-related equipment, and tubular products, as well as solutions and engineering resources to multi-national companies and small independent companies. This segment sells its products through internal sales force, manufacturers’ representatives, distributors, and agents. The company was incorporated in 1956 and is headquartered in Fort Worth, Texas.
