Analyst Andrew Wittmann from Baird has provided an updated analysis on APi Group (APG, Financial), maintaining an "Outperform" rating while raising the price target. The decision to maintain this rating underscores the analyst's confidence in the stock's potential performance in the market.
The price target for APi Group (APG, Financial) has been increased from $47.00 to $51.00, indicating a positive adjustment of 8.51%. This adjustment reflects the analyst's expectations for the company's financial growth and strategic initiatives.
APi Group (APG, Financial) continues to be a focus for investors looking for performance within its sector. The updated price target suggests an optimistic view of APG's future market valuation under current economic conditions.
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 11.72% from the current price of $45.45. 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 30.8% from the current price of $45.45. 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.
