Truist Securities analyst Jasper Bibb has maintained a "Buy" rating for APi Group (APG, Financial). The firm has raised the price target for APG from $48.00 to $54.00, reflecting a significant increase of 12.50%.
The updated target price suggests potential growth for APG, as the analyst continues to have confidence in the stock's performance. The currency for the price target remains in USD.
The report, dated May 22, 2025, highlights Truist Securities' optimistic outlook on APG, with no change in the rating from the previous "Buy" stance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for APi Group Corp (APG, Financial) is $50.78 with a high estimate of $54.00 and a low estimate of $47.00. The average target implies an upside of 11.61% from the current price of $45.50. More detailed estimate data can be found on the APi Group Corp (APG) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, APi Group Corp's (APG, Financial) average brokerage recommendation is currently 1.7, 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 APi Group Corp (APG, Financial) in one year is $31.45, suggesting a downside of 30.87% from the current price of $45.495. 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 APi Group Corp (APG) Summary page.
