Acuity Brands Reports Record Second Quarter Results
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April 2, 2015 9:01 AM EDT
Canaccord Genuity analyst Jed Dorsheimer reiterated a Buy rating and boosted his price target on Acuity Brands (NYSE: AYI) to $192.00 (from $187.00) following Q2 results.
Dorsheimer commented, "We maintain our BUY rating on AYI shares following the company's FQ2 results. Our long-term thesis... More
April 2, 2015 8:36 AM EDT
Piper Jaffray analyst Mike Ritzenthaler reiterated an Overweight rating and lifted his price target on Acuity Brands (NYSE: AYI) to $194.00 (from $193.00) following Q2 results.
Ritzenthaler commented, "We maintain our OW rating on shares of AYI following a F2Q15 earnings beat and think the 29%... More
April 2, 2015 7:53 AM EDT
Northland Capital Markets raised estimates and its price target on Acuity Brands (NYSE: AYI) to $179.00 (from $138.00) but stopped short of upgrading the stock and maintained a Market Perform rating.
Analyst Colin Rusch commented, "AYI continues to execute on its strategy to... More
April 1, 2015 8:45 AM EDT
Acuity Brands (NYSE: AYI) reported Q2 EPS of $1.08, $0.03 better than the analyst estimate of $1.05. Revenue for the quarter came in at $616.1 million versus the consensus estimate of $627.95 million.
Vernon J. Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands, commented, "We were... More
