AdvanSix (ASIX, Financial), a prominent player in the chemical manufacturing sector, received a significant boost following an analyst upgrade from Piper Sandler. Analyst Charles Neivert elevated ASIX's rating from 'Neutral' to 'Overweight', indicating a positive outlook on the stock's potential performance.
Alongside the rating upgrade, Piper Sandler has also increased the price target for AdvanSix (ASIX, Financial) from USD 26.00 to USD 32.00. This adjustment reflects an impressive 23.08% increase, highlighting expectations for future growth and profitability.
The revised price target and rating upgrade were announced on May 19, 2025, and are set to influence investor sentiment and market performance for AdvanSix (ASIX, Financial) moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for AdvanSix Inc (ASIX, Financial) is $34.50 with a high estimate of $37.00 and a low estimate of $32.00. The average target implies an upside of 46.93% from the current price of $23.48. More detailed estimate data can be found on the AdvanSix Inc (ASIX) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, AdvanSix Inc's (ASIX, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for AdvanSix Inc (ASIX, Financial) in one year is $31.51, suggesting a upside of 34.2% from the current price of $23.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the AdvanSix Inc (ASIX) Summary page.
