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Albany International Corporation (AIN) [hlAlert]

Rating:
Buy AIN
up 8.61 %

Albany International Corporation (AIN) rated Buy with price target $42 by Stifel

Posted on: Friday,  Aug 2, 2013  9:25 AM ET by Stifel

Stifel rated Buy Albany International Corporation (NYSE: AIN) on 08/02/2013. Previously Stifel rated Buy Albany International Corporation (NYSE: AIN) on 04/04/2013.,
when the stock price was $28.67. Since then, Albany International Corporation has gained 8.62% as of 10/29/2015's recent price of $31.14.
If you would have followed the previous Stifel's recommendation on AIN, you would have gained 8.61% of your investment in 938 days.

Albany International Corp., along with its subsidiaries, operates in five business segments: Paper Machine Clothing, Albany Door Systems, Engineered Fabrics, Engineered Composites and PrimaLoft Products. The Paper Machine Clothing segment includes fabrics and belts used in the manufacture of paper and paperboard (paper machine clothing (PMC)). The Albany Door Systems designs, manufactures, sells, and services industrial doors, for a range of interior, exterior and machine protection industrial applications. Albany Engineered Composites include textiles and materials to other industries, including specialty materials and composite structures for aircraft and other applications. Albany Engineered Fabrics includes a variety of products similar to PMC for application in the corrugators, pulp, non-wovens, building products, tannery and textile industries. PrimaLoft Products includes insulation for outdoor clothing, gloves, footwear, sleeping bags and home furnishings.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2013 9:25 AM Buy
None
34.84 42.00
as of 12/13/2013
1 Week down  -4.39 %
1 Month down  -0.70 %
3 Months up  5.38 %
1 YTD up  1.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/4/2013 8:25 AM Buy
None
28.67 38.00

(*) Stock Price at the time of the recommendation.
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