Acuity Brands (NYSE:AYI) has observed the following analyst ratings within the last quarter:

In the last 3 months, 7 analysts have offered 12-month price targets for Acuity Brands. The company has an average price target of $181.43 with a high of $206.00 and a low of $152.00.

This current average represents a 31.06% increase from the previous average price target of $138.43.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.