RBC Capital analyst Deane Dray maintained a Hold rating on Atkore International Group (NYSE:ATKR) Inc on Monday, setting a price target of $29, which is approximately 9.15% above the present share price of $26.57.
Dray expects Atkore International Group Inc to post earnings per share (EPS) of $0.81 for the second quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Hold rating of shares in Atkore International Group, with an average price target of $27.33.
The analysts price targets range from a high of $29 to a low of $26.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $455.65 million and a net profit of $61.17 million. The company's market cap is $1.34 billion.
According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 3.4% and a 52.15% success rate.
Atkore International Group, Inc. engages in the manufacture of electrical raceway products. It operates through the Electrical Raceway; and Mechanical Products and Solutions (MP&S) segments. The Electrical Raceway segment manufactures products that deploy, isolate, and protect a structure's electrical circuitry from the power source to the final outlet. The MP&S segment provides products and services that frame, support, and secure component parts in a range of structures, equipment, and systems in electrical, industrial, and construction applications. The company was founded on November 4, 2010 and is headquartered in Harvey, IL.