APi Group Likely to Post Strong Q2 Organic Growth, UBS Securities Says

MT Newswires Live
Jul 21

APi Group (APG) is likely to post strong organic growth rates in Q2, mainly driven by its specialty business, UBS Securities said in a Monday note.

UBS estimates the specialty business' organic growth to drop to more than 12% in Q2 from over 25% in Q1 due to tougher comparisons, according to the note. The company's safety services division, meanwhile, is likely to maintain above 5% in growth during the quarter, UBS added.

APi Group has little room to raise its 2026 outlook amid tougher H2 comparisons for its specialty business and a relatively flat organic growth from its safety services division, the brokerage said. UBS raised its 2026 organic growth forecast for the company to 6.4% from 6.2%, according to the note.

The company is set to release its Q2 results on July 30.

UBS cut its price target on APi Group to $52 from $56, with a buy rating.

Price: 39.51, Change: -0.61, Percent Change: -1.52

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10