Analyst Price Target is $85.50
▲ +5.32% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Albany International in the last 3 months. The average price target is $85.50, with a high forecast of $96.00 and a low forecast of $80.00. The average price target represents a 5.32% upside from the last price of $81.18.
Current Consensus is
Moderate Buy
The current consensus among 4 investment analysts is to moderate buy stock in Albany International. This rating changed within the last month from a Hold consensus rating.
Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.
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