American Axle & Manufacturing (AXL) Stock Forecast & Price Target

$6.31 +0.03 (+0.48%)

(As of 11/15/2024 ET)

American Axle & Manufacturing - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce

Based on 5 Analyst Ratings

Sell
1

Hold
4

Buy
0

Based on 5 Wall Street analysts who have issued ratings for American Axle & Manufacturing in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 5 analysts, 1 has given a sell rating, and 4 have given a hold rating for AXL.

Consensus Price Target

$7.38
16.88% Upside

According to the 5 analysts' twelve-month price targets for American Axle & Manufacturing, the average price target is $7.38. The highest price target for AXL is $8.00, while the lowest price target for AXL is $6.00. The average price target represents a forecasted upside of 16.88% from the current price of $6.31.

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AXL Analyst Ratings Over Time

Type	Current Forecast 11/18/23 to 11/17/24	1 Month Ago 10/19/23 to 10/18/24	3 Months Ago 8/20/23 to 8/19/24	1 Year Ago 11/18/22 to 11/18/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$7.38	$7.10	$7.90	$8.10
Forecasted Upside	16.88% Upside	12.70% Upside	22.86% Upside	13.92% Upside
Consensus Rating	Reduce	Reduce	Hold	Hold

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AXL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AXL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

American Axle & Manufacturing Stock vs. The Competition

Type	American Axle & Manufacturing	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	1.80	2.49	2.50
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	16.88% Upside	272.31% Upside	9.87% Upside
News Sentiment Rating	Neutral News See Recent AXL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/10/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Reiterated Rating	Hold	$6.00	+2.56%
9/4/2024	Wolfe Research 3 of 5 stars	E. Rosner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
8/12/2024	Bank of America 4 of 5 stars		Boost Target	Underperform ➝ Underperform	$7.00 ➝ $7.50	+15.21%
5/6/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$7.50 ➝ $8.00	+4.85%
5/6/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$7.00 ➝ $8.00	+4.85%
11/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$8.00 ➝ $6.00	-10.45%
9/28/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$12.00 ➝ $10.00	+35.14%
2/22/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$10.00 ➝ $9.00	-1.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:39 AM ET.

AXL Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for American Axle & Manufacturing is $7.38, with a high forecast of $8.00 and a low forecast of $6.00.
: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Axle & Manufacturing in the last year. There is currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" AXL shares.
: According to analysts, American Axle & Manufacturing's stock has a predicted upside of 16.88% based on their 12-month stock forecasts.
: Over the previous 90 days, American Axle & Manufacturing's stock had 1 upgrade by analysts.
: American Axle & Manufacturing has been rated by research analysts at Deutsche Bank Aktiengesellschaft, and Wolfe Research in the past 90 days.
: Analysts like American Axle & Manufacturing less than other "auto/tires/trucks" companies. The consensus rating for American Axle & Manufacturing is Reduce while the average consensus rating for "auto/tires/trucks" companies is Hold. Learn more on how AXL compares to other companies.

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This page (NYSE:AXL) was last updated on 11/17/2024 by MarketBeat.com Staff

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American Axle & Manufacturing (AXL) Stock Forecast & Price Target