Atkore International Group Inc (NASDAQ:ATKR)’s share price was down 8.8% during mid-day trading on Monday . The stock traded as low as $14.35 and last traded at $14.35, with a volume of 85,442 shares trading hands. The stock had previously closed at $15.73.

Several equities analysts recently issued reports on ATKR shares. 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 for the company. 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 for the company. Royal Bank Of Canada started 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 for the company. Deutsche Bank AG started coverage on shares of Atkore International Group in a report on Tuesday, July 5th. They set a “buy” rating and a $20.00 price target for the company. Finally, Citigroup Inc. started coverage on shares of Atkore International Group in a report on Tuesday, July 5th. They set a “buy” rating and a $20.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $19.83.

The firm’s 50 day moving average is $0.00 and its 200-day moving average is $0.00. The company has a market capitalization of $974.34 million and a PE ratio of 67.83.

Atkore International Group (NASDAQ:ATKR) last posted its earnings results on Tuesday, August 2nd. The company reported $0.42 EPS for the quarter. The company earned $396 million during the quarter, compared to the consensus estimate of $432.40 million.

In related 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 document filed with the Securities & Exchange Commission, which is available at the SEC website.

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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