NewsAluminaAlumina Limited Stock Rating Upgraded to neutral
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Alumina Limited Stock Rating Upgraded to neutral

Edited by : AL CIRCLE
1 min read
Credit Suisse upgraded shares of Alumina Limited to a neutral rating in a report issued on Friday.

Separately, analysts at Goldman Sachs downgraded shares of Alumina Limited from a neutral rating to a sell rating in a research note to investors on Thursday, January 17th.

Four equities research analysts have rated the stock with a buy rating, three have issued a hold rating, one has assigned an underweight rating, and six have assigned a sell rating to the company. The company currently has an average rating of hold and a consensus price target of $4.90.

Shares of Alumina Limited opened at 4.87 on Friday. Alumina Limited has a 52 week low of $2.65 and a 52 week high of $5.94. The stock’s 50-day moving average is currently $4.57. The company has a market cap of $2.970 billion and a P/E ratio of 67.64.

Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC).

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