ATI (ATI) currently holds an Average Brokerage Recommendation (ABR) of 1.40 on a scale from 1 to 5, indicating a consensus between “Strong Buy” and “Buy.” This recommendation is derived from 10 brokerage firms, with 8 classified as “Strong Buy,” comprising 80% of the total recommendations.
Despite the positive ABR, studies suggest that brokerage recommendations often lack reliability in predicting stock price movements due to inherent biases from brokerage firms. In contrast, ATI’s Zacks Rank stands at #2 (Buy), bolstered by a 1.9% increase in the Zacks Consensus Estimate for its earnings per share, which has risen to $3.2 over the past month.
Overall, while the ABR signals potential for investment, combining it with independent analyses such as the Zacks Rank may offer a more robust basis for decision-making.
