Acuity Brands (AYI) Stock Forecast & Price Target

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$250.04

-9.19 (-3.55%)

(As of 06/18/2024 ET)

Acuity Brands - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 4 Analyst Ratings

Consensus Price Target

$287.75
15.08% Upside

High Forecast	$315.00
Average Forecast	$287.75
Low Forecast	$261.00

Type	Current Forecast 6/20/23 to 6/19/24	1 Month Ago 5/21/23 to 5/20/24	3 Months Ago 3/22/23 to 3/21/24	1 Year Ago 6/20/22 to 6/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$287.75	$289.25	$193.80	$191.88
Forecasted Upside	15.08% Upside	8.60% Upside	12.17% Upside	18.22% Upside

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AYI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AYI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Acuity Brands Stock vs. The Competition

Type	Acuity Brands	Construction Companies	S&P 500
Consensus Rating Score	2.50	2.57	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	15.08% Upside	74.88% Upside	11.30% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$286.00 ➝ $280.00	+8.10%
4/4/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$227.00 ➝ $261.00	-3.46%
4/4/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$260.00 ➝ $295.00	+11.57%
4/4/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$250.00 ➝ $315.00	+19.14%
4/5/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$180.00 ➝ $170.00	+4.21%
10/5/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$225.00 ➝ $208.00	+25.57%
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6/27/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$241.00 ➝ $211.00	+36.41%
6/23/2022	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Merkel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:02 AM ET.

AYI Forecast - Frequently Asked Questions

What is Acuity Brands's stock forecast and purchase recommendation?: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Acuity Brands is $287.75, with a high forecast of $315.00 and a low forecast of $261.00. The consensus rating for Acuity Brands stock is Moderate Buy based on the current 2 hold ratings and 2 buy ratings for AYI. Learn more on AYI's analyst rating history.
Do Wall Street analysts like Acuity Brands more than its competitors?: Analysts like Acuity Brands less than other "construction" companies. The consensus rating score for Acuity Brands is 2.50 while the average consensus rating score for "construction" companies is 2.57. Learn more on how AYI compares to other companies.
Does Acuity Brands's stock price have much upside?: According to analysts, Acuity Brands's stock has a predicted upside of 8.77% based on their 12-month stock forecasts.

What analysts cover Acuity Brands?: Acuity Brands has been rated by research analysts at Oppenheimer, Robert W. Baird, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.