In a report issued on January 14, Joseph Spak from RBC Capital maintained a Hold rating on American Axle (AXL – Research Report), with a price target of $10.00. The company's shares closed last Friday at $9.94. According to TipRanks.com, Spak 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.0% and a 57.5% success rate. Spak covers the Industrial Goods sector, focusing on stocks such as Tenneco Automotive, Dana Holding, and BorgWarner. The word on The Street in general, suggests a Hold analyst consensus rating for American Axle with a $10.50 average price target, implying a 5.7% upside from current levels.
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