Baird Upgrades APi Group (APG)
2023-05-17 21:36
US
Fintel reports that on May 17, 2023, Baird upgraded their outlook for APi Group (NYSE:APG) from Neutral to Outperform .
Analyst Price Forecast Suggests 28.63% Upside
As of May 11, 2023, the average one-year price target for APi Group is 28.79. The forecasts range from a low of 25.25 to a high of $33.60. The average price target represents an increase of 28.63% from its latest reported closing price of 22.38.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for APi Group is 6,768MM, an increase of 1.00%. The projected annual non-GAAP EPS is 1.49.
What is the Fund Sentiment?
There are 457 funds or institutions reporting positions in APi Group.
This is an increase
of
28
owner(s) or 6.53% in the last quarter.
Average portfolio weight of all funds dedicated to APG is 0.56%,
an increase
of 10.43%.
Total shares owned by institutions decreased
in the last three months by 1.27% to 195,041K shares.
The put/call ratio of APG is 0.38, indicating a
bullish
outlook.
What are Other Shareholders Doing?
Viking Global Investors holds 34,090K shares representing 14.49% ownership of the company. In it's prior filing, the firm reported owning 33,820K shares, representing an increase of 0.79%. The firm increased its portfolio allocation in APG by 12.94% over the last quarter.
Allspring Global Investments Holdings holds 10,245K shares representing 4.36% ownership of the company. In it's prior filing, the firm reported owning 10,699K shares, representing a decrease of 4.43%. The firm increased its portfolio allocation in APG by 11.05% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,749K shares representing 2.44% ownership of the company. In it's prior filing, the firm reported owning 5,966K shares, representing a decrease of 3.77%. The firm increased its portfolio allocation in APG by 26.14% over the last quarter.
Permian Investment Partners holds 5,498K shares representing 2.34% ownership of the company. In it's prior filing, the firm reported owning 6,024K shares, representing a decrease of 9.57%. The firm decreased its portfolio allocation in APG by 17.84% over the last quarter.
Alua Capital Management holds 5,122K shares representing 2.18% ownership of the company. No change in the last quarter.
APi Group Background Information
(This description is provided by the company.)
APi is a market-leading business services provider of safety, specialty and industrial services in over 200 locations, primarily in North America. APi provides statutorily mandated services to a strong base of long-standing customers across industries.The Company has a winning leadership culture driven by entrepreneurial business leaders to deliver innovative solutions for its customers.
Key filings for this company:
