APi Group’s Analyst Day Takeaways
<p>RBC Capital analysts provided their key takeaways from <a href='https://financialmodelingprep.com/financial-summary/APG'>APi Group Corporation (NYSE:APG)</a> Analyst Day. According to the analysts, the company provided the building blocks to fiscal 2025 targets, focused on branch-level improvements increasing Chubb synergies to over $100 million (from $40mm and $20mm pre-close), where the Chubb deal is approximately $0.20 accretive to fiscal 2022 EPS. </p>
<p>The company outlined its path to fiscal 2025’s 13% EBITDA margin target driven by improved service mix, procurement, savings, and inflation offset, Chubb Value Capture, and systems scale and leverage bridging from the 10.5% base.</p>
<p>The analysts raised their price target to $20 from $18 while reiterating their Sector Perform rating.</p>

NYSE:APG