Barclays has revised its price target for Assa Abloy (ASAZY, Financial), reducing it from SEK 266 to SEK 261. Despite this adjustment, the firm maintains an Underweight rating for the company's shares. This indicates Barclays' cautious stance on the stock, suggesting potential investors approach with careful consideration of their strategy.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Assa Abloy AB (ASAZY, Financial) is $19.17 with a high estimate of $19.17 and a low estimate of $19.17. The average target implies an upside of 23.28% from the current price of $15.55. More detailed estimate data can be found on the Assa Abloy AB (ASAZY) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Assa Abloy AB's (ASAZY, Financial) average brokerage recommendation is currently 1.0, indicating "Buy" 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 Assa Abloy AB (ASAZY, Financial) in one year is $17.25, suggesting a upside of 10.93% from the current price of $15.55. 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 Assa Abloy AB (ASAZY) Summary page.