Acuity Brands (AYI) Gets a Buy Rating from Oppenheimer

In a report released today, Christopher Glynn from Oppenheimer maintained a Buy rating on Acuity Brands (AYIResearch Report). The company’s shares opened today at $143.56.

According to TipRanks.com, Glynn is a 4-star analyst with an average return of 6.1% and a 57.8% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Roper Technologies, and Eaton Corporation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Acuity Brands with a $154.67 average price target.

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The company has a one-year high of $173.01 and a one-year low of $103.48. Currently, Acuity Brands has an average volume of 407K.

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Acuity Brands, Inc. engages in the provision of lighting and building management solutions and services. It caters commercial, institutional, industrial, infrastructure, and residential applications for various markets.