▼ -5.13% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Advanced Drainage Systems in the last 3 months. The average price target is $97.00, with a high forecast of $120.00 and a low forecast of $51.00. The average price target represents a -5.13% upside from the last price of $102.25.
The current consensus among 5 polled investment analysts is to buy stock in Advanced Drainage Systems. This Buy consensus rating has held steady for over two years.
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States, Canada, and internationally. The company offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It also purchases and distributes construction fabrics and other geotextile products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 32 distribution centers in approximately 80 countries. Advanced Drainage Systems, Inc. was founded in 1966 and is headquartered in Hilliard, Ohio.