Applied Industrial Technologies (NYSE:AIT) gets upgraded to Buy by Longbow Research

Analyst Ratings For Applied Industrial Technologies (NYSE:AIT)

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Today, Applied Industrial Technologies (NYSE:AIT) stock received an upgrade by Longbow Research from Neutral to Buy.

There are 3 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Applied Industrial Technologies (NYSE:AIT) is Buy with a consensus target price of $60.00 per share, a potential 6.82% upside.

Some recent analyst ratings include

  • 3/8/2019-Applied Industrial Technologies (NYSE:AIT) gets upgraded to Buy by Longbow Research
  • 1/24/2019-Applied Industrial Technologies (NYSE:AIT) gets downgraded to Gradually Accumulate by Wellington Shields
  • 1/15/2019-Applied Industrial Technologies (NYSE:AIT) gets upgraded to Overweight by KeyCorp
  • 8/10/2018-Applied Industrial Technologies (NYSE:AIT) had its Neutral rating reiterated by Northcoast Research
  • On 11/14/2018 Green Edith Kelly, Director, sold 7,090 with an average share price of $65.51 per share and the total transaction amounting to $464,465.90.
  • On 8/20/2018 L Thomas Hiltz, Director, sold 12,500 with an average share price of $77.15 per share and the total transaction amounting to $964,375.00.
  • On 6/11/2018 Peter C Wallace, Director, sold 737 with an average share price of $73.04 per share and the total transaction amounting to $53,830.48.
  • On 6/7/2018 Peter C Wallace, Director, sold 3,700 with an average share price of $73.04 per share and the total transaction amounting to $270,248.00.
  • On 5/1/2018 Joe Anthony Raver, Director, bought 1,585 with an average share price of $63.20 per share and the total transaction amounting to $100,172.00.
  • On 2/2/2018 Green Edith Kelly, Director, sold 6,873 with an average share price of $74.41 per share and the total transaction amounting to $511,419.93.
  • On 2/2/2018 Todd A Barlett, VP, sold 3,800 with an average share price of $75.00 per share and the total transaction amounting to $285,000.00.

About Applied Industrial Technologies (NYSE:AIT)
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center Based Distribution, and Fluid Power and Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and hydraulic, pneumatic, lubrication, filtration, and flow control components and systems. It also operates fabricated rubber shops that modify and repair conveyor belts, as well as provide hose assemblies; and rubber service field crews to install and repair conveyor belts and rubber lining at customer locations. In addition, the company rebuilds or assembles speed reducers, pumps, valves, cylinders, and electric and hydraulic motors, as well as custom machining products; and offers flow control and technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.

Recent Trading Activity for Applied Industrial Technologies (NYSE:AIT)
Shares of Applied Industrial Technologies closed the previous trading session at 56.17 −0.85 1.49% with shares trading hands.

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