Analysts have clear opinions on AIN.
There are 4 analysts on the Wall offering 12 month price targets for Albany International in the last 3 months. The average price target is $80.75 with a high forecast of $85.00 and a low forecast of $76.00. The average price target represents a 3.05% increase from the last price of $78.36.
Albany International Corp. (AIN) is followed by 4 analysts on the street.
Stephen Tusa from J.P. Morgan rates it a Hold with a target of $76.00.
Similarly, Last month John Franzreb of Sidoti Reiterated a Hold with a target of $82.00.
The consensus on the street is Hold.
What does Albany International Corp.(AIN) do ?
Albany International Corp. engages in textiles and materials processing. It operates through the Machine Clothing and Albany Engineered Composites segments. 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.
Albany International Corp. (AIN) Insider Trades
Multiple company employees have indulged in significant insider trading. Albany International Corp. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
SVP, CTO, Hansen Robert Alan : S – Sale+OE(-$16,716) of AIN in the trading session of 2019-08-08.
Dir Standish Christine L : S – Sale+OE(-$104,503,488) of AIN in the trading session of 2019-06-04.
VP GIS, CIO Wimbrow Dawne H : S – Sale+OE(-$68,309) of Albany International Corp. in the trading session of 2018-08-16.
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