Shares of Atkore International Group Inc (NASDAQ:ATKR) have been given a consensus recommendation of “Buy” by the seven brokerages that are covering the firm. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $19.80.

ATKR has been the subject of several recent analyst reports. Zacks Investment Research raised Atkore International Group from a “hold” rating to a “strong-buy” rating and set a $22.00 price target for the company in a research report on Tuesday, October 4th. Credit Suisse Group AG reiterated a “neutral” rating on shares of Atkore International Group in a report on Tuesday, August 2nd.

Shares of Atkore International Group (NASDAQ:ATKR) opened at 20.91 on Thursday. The firm has a 50-day moving average of $19.50 and a 200 day moving average of $17.85. Atkore International Group has a 12-month low of $14.17 and a 12-month high of $22.24. The firm has a market capitalization of $1.31 billion and a price-to-earnings ratio of 81.05.

Large investors have recently added to or reduced their stakes in the stock. Acrospire Investment Management LLC purchased a new stake in Atkore International Group during the third quarter worth about $114,000. BlackRock Inc. purchased a new stake in Atkore International Group during the third quarter worth about $196,000. Point72 Asia Hong Kong Ltd purchased a new stake in Atkore International Group during the second quarter worth about $200,000. BlackRock Advisors LLC purchased a new stake in Atkore International Group during the third quarter worth about $204,000. Finally, Henderson Group PLC purchased a new stake in Atkore International Group during the second quarter worth about $223,000.

About Atkore International Group

Atkore International Group Inc, located in the US, manufactures and wholesales galvanized steel tubes and pipes, electrical conduit, armored wire and cable, metal framing systems and building components. It is also a holding company.

5 Day Chart for NASDAQ:ATKR

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