ValuEngine downgraded shares of Constellium (NYSE:CSTM) from a buy rating to a hold rating in a research report sent to investors on Tuesday, October 16th.
Several other equities research analysts also recently issued reports on CSTM. Jefferies Financial Group set a $16.00 price objective on shares of Constellium and gave the stock a buy rating in a research note on Tuesday, July 24th. BMO Capital Markets upped their target price on shares of Constellium from $14.00 to $15.00 and gave the company a hold rating in a research note on Wednesday, July 25th. Morgan Stanley upped their target price on shares of Constellium from $15.00 to $16.00 and gave the company an overweight rating in a research note on Wednesday, August 1st. Finally, Deutsche Bank set a $15.00 target price on shares of Constellium and gave the company a buy rating in a research note on Tuesday, October 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of $15.25.
CSTM traded down $0.35 during trading on Tuesday, hitting $8.81. 1,072,072 shares of the company’s stock were exchanged, compared to its average volume of 1,448,573. Constellium has a 1 year low of $8.16 and a 1 year high of $14.10. The company has a market cap of $1.00 billion, a P/E ratio of 67.71 and a beta of 1.33.
Constellium Company Profile
Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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