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Monday, February 6, 2012

Stock Alert - American Axle & Manufacturing Holdings Inc (AXL) Shares Given New $10.00 Price Target by Jefferies Group (JEF) Analysts - 2/6/12

Equities research analysts at Jefferies Group (NYSE: JEF) increased their price target on shares of American Axle & Manufacturing Holdings (NYSE: AXL) to $10.00 in a research note issued to investors on Monday.

Separately, analysts at Citigroup (NYSE: C) raised their price target on shares of American Axle & Manufacturing Holdings to $15.00 in a research note to investors on Monday. Analysts at RBC Capital (NYSE: RY) raised their price target on shares of American Axle & Manufacturing Holdings from $11.00 to $13.00 in a research note to investors on Thursday, January 26th. They now have a “sector perform” rating on the stock. Also, analysts at Guggenheim initiated coverage on shares of American Axle & Manufacturing Holdings in a research note to investors on Wednesday, January 4th. They set a “neutral” rating on the stock.

American Axle & Manufacturing Holdings opened at 12.68 on Monday. American Axle & Manufacturing Holdings has a 1-year low of $6.77 and a 1-year high of $14.91. The stock has a 50-day moving average of $11.01 and a 200-day moving average of $9.40. The company has a market cap of $954.9 million and a price-to-earnings ratio of 6.50.

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