Acuity Brands found using ticker (AYI) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 220 and 163 with the average target price sitting at 192. Now with the previous closing price of 172.55 this would indicate that there is a potential upside of 11.3%. There is a 50 day moving average of 178.4 and the 200 day moving average is 172.86. The market cap for the company is $6,061m. Company Website: http://www.acuitybrands.com
Acuity Brands provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company offers lighting and control products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, day, special-use, street and roadway, parking garage, tunnel, underwater, area pedestrian, flood, decorative site, and landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems. It also provides building management systems, lighting, lighting controls, and location aware applications; and light emitting diode drivers, power supplies, modular wiring, sensors, glass, and inverters, as well as services across applications that primarily relate to monitoring and controlling lighting systems through network technologies and the commissioning of control systems. The company markets its products under the Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Sunoptics, eldoLED, Distech Controls, nLight, ROAM, Sensor Switch, IOTA, A-light, Cyclone, Eureka, Luminaire LED, Luminis, Dark to Light, RELOC Wiring Solutions, DGLogik, and Atrius brands. It serves electrical distributors, retail home improvement centers, electric utilities, national accounts, system integrators, utility distributors, value-added resellers, digital retailers, government entities and municipalities, lighting showrooms, developers, original equipment manufacturers, and energy service companies, as well as the new construction, renovation, and maintenance and repair markets. Acuity Brands was incorporated in 2001 and is headquartered in Atlanta, Georgia.
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