Analyst Price Target is $105.33
▲ +20.20% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Albany International in the last 3 months. The average price target is $105.33, with a high forecast of $110.00 and a low forecast of $101.00. The average price target represents a 20.20% upside from the last price of $87.63.
Current Consensus is
Hold
The current consensus among 3 polled investment analysts is to hold stock in Albany International. This rating has held steady since August 2022, when it changed from a Buy consensus rating.
Albany International Corp. engages in textiles and materials processing. It operates through the following segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment supplies fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The Engineered Composites segment provides composite structures to customers in the commercial and defense aerospace industries. The firm offers regular fabric, consultative, diagnostic, and project specific services. The company was founded on March 8, 1895 and is headquartered in Rochester, NH.
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