StockNews.com initiated coverage on shares of Albany International (NYSE:AIN – Get Rating) in a report published on Thursday. The firm issued a buy rating on the textile maker’s stock. Separately, Truist Financial upgraded Albany International from a hold rating to a buy rating and increased their price objective for the stock from $90.00 to $105.00 […]
Albany International Corp. (NYSE:AIN – Get Rating) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 159,500 shares, a decline of 36.0% from the March 31st total of 249,400 shares. Based on an average daily volume of 163,300 shares, the short-interest ratio is […]
Albany International (NYSE:AIN – Get Rating) was upgraded by equities researchers at Truist Financial from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, The Fly reports. The firm presently has a $105.00 price target on the textile maker’s stock, up from their prior price target of $90.00. Truist […]
Albany International (NYSE:AIN – Get Rating) issued its quarterly earnings data on Wednesday. The textile maker reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.06, Briefing.com reports. Albany International had a return on equity of 14.31% and a net margin of 9.25%. The business had revenue of […]
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