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Alcoa Announces Multi-Year Aluminum Deal With Airbus Worth $
Edited by : AL CIRCLE
1 min read
Alcoa announced today it has been awarded a new multi-year supply deal by Airbus for aluminum sheet and plate products. The agreement was reached this week at the Paris Air Show between executives of the companies. Exact terms were not discussed, but the deal is worth about $1.0 billion over its duration. Alcoa has a potential upside of 31.1% based on a current price of $15.28 and an average consensus analyst price target of $20.03.
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This Business News video “Alcoa Announces Multi-Year Aluminum Deal With Airbus Worth $” is copyright by Financial News Network and brought to you by Gamut News. Feel free to share or embed this video but this video may not be broadcast, redistributed or rewritten in whole or part without express written permission. Gamut News is a leader in providing critical news to readers, media outlets, researchers, businesses, and governments worldwide. After the video check out our homepage for the most current business news.
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