Advanced Energy Industries Inc (AEIS) shares recently surpassed the average analyst 12-month target price of $103.71, trading at $106.85 per share. Analysts are now considering whether to downgrade their valuation or adjust their target prices higher based on the recent price movement.
The Zacks coverage universe lists seven different analyst targets for AEIS, varying from a low of $78.00 to a high of $114.00, with a standard deviation of $12.392. Currently, the analyst breakdown includes three “Strong Buy” ratings, two “Buy” ratings, and two as “Hold,” with no “Sell” or “Strong Sell” ratings.
The average analyst rating is 1.86, indicating a favorable outlook, where 1 represents a Strong Buy and 5 represents a Strong Sell. Investors are now assessing whether to hold or sell at this price point based on the performance of the company.
