AZZ Inc. found using ticker (AZZ) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 56 and 48 with a mean TP of 52. Given that the stocks previous close was at 39.55 this now indicates there is a potential upside of 31.5%. The 50 day MA is 41.29 and the 200 moving average now moves to 41.49. The market capitalisation for the company is $986m. Visit the company website at: https://www.azz.com
The potential market cap would be $1,297m based on the market concensus.
AZZ Inc. offers 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 metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating 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, and tubular products, as well as solutions and engineering resources to multi-national 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.
