APi Group’s Strategic Growth and Acquisition Initiatives Justify Buy Rating

William Blair analyst Tim Mulrooney has maintained their bullish stance on APG stock, giving a Buy rating on May 30.

Tim Mulrooney has given his Buy rating due to a combination of factors including APi Group’s reaffirmed long-term financial targets and strategic growth initiatives. The company’s leadership has set ambitious goals to achieve significant revenue and margin improvements by 2028, positioning APi Group as a leader in its industry with a strong focus on service excellence and employee engagement.
Additionally, the company’s strategy of targeted acquisitions in the fire and life safety sectors is progressing well, demonstrating disciplined capital allocation and a commitment to sustainable growth. The potential for improved branch-level EBITDA margins, as lower-performing branches adopt the company’s inspection-first approach, also supports the positive outlook. These elements collectively contribute to Mulrooney’s confidence in APi Group’s future performance, justifying the Buy rating.

According to TipRanks, Mulrooney is a 4-star analyst with an average return of 11.3% and a 64.41% success rate. Mulrooney covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, APi Group, and Tetra Tech.

In another report released on May 30, Barclays also maintained a Buy rating on the stock with a $55.00 price target.