Sterne Agee Upgrades Acuity Brands to “Neutral” (AYI)

Sterne Agee reported on Friday that it has upgraded lighting solutions provider Acuity Brands, Inc. (AYI)

The firm has raised its rating on AYI to “Neutral.” Analysts have also lifted estimates on the company due to an expected commercial construction recovery.

Acuity Brands shares were mostly flat during pre-market trading Friday. The stock is up 37% YTD.

The Bottom Line

Shares of Acuity Brands, Inc. (AYI) have a 0.56% yield based on Thursday’s closing price of $92.84.

Acuity Brands, Inc. (AYI) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here