Atkore International Group Inc (NASDAQ:ATKR)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $15.21 and last traded at $15.43, with a volume of 116,566 shares changing hands. The stock had previously closed at $16.20.

Several equities analysts have recently commented on ATKR shares. Credit Suisse Group AG started coverage on shares of Atkore International Group in a report on Tuesday, July 5th. They set a “neutral” rating and a $20.00 price target on the stock. JPMorgan Chase & Co. started coverage on shares of Atkore International Group in a report on Thursday, July 7th. They set a “neutral” rating and a $19.00 price target on the stock. Wells Fargo & Co. began coverage on shares of Atkore International Group in a report on Tuesday, July 5th. They set an “outperform” rating and a $20.00 price target on the stock. Royal Bank Of Canada began coverage on shares of Atkore International Group in a report on Tuesday, July 5th. They issued an “outperform” rating and a $20.00 price objective for the company. Finally, Deutsche Bank AG began coverage on shares of Atkore International Group in a report on Tuesday, July 5th. They issued a “buy” rating and a $20.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $19.83.

The stock has a 50 day moving average price of $0.00 and a 200 day moving average price of $0.00. The firm has a market capitalization of $982.46 million and a PE ratio of 68.39.

In other Atkore International Group news, major shareholder Allied Holdings L.P. Cd&R sold 12,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of $16.00, for a total value of $192,000,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Atkore International Group Inc, located in the US, manufactures and wholesales galvanized steel tubes and pipes, electrical conduit, armored wire and cable, metal framing systems and building components. It is also a holding company.

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