NewsAluminaBMO Capital undergrades Alumina Limited to "Underperform"
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BMO Capital undergrades Alumina Limited to "Underperform"

Edited by : AL CIRCLE
1 min read
Alumina Limited was downgraded by analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating in a research report issued to clients and investors on Wednesday.

AWC has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase downgraded shares of Alumina Limited from a “neutral” rating to an “underweight” rating in a research note to investors on Friday, June 8th. Separately, analysts at Bank of America upgraded shares of Alumina Limited to a “neutral” rating in a research note to investors on Friday, June 1st. Finally, analysts at Goldman Sachs upgraded shares of Alumina Limited from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, May 22nd.

Alumina Limited opened at 2.88 on Wednesday. Alumina Limited has a 1-year low of $2.88 and a 1-year high of $9.87. The company has a market cap of $1.757 billion and a price-to-earnings ratio of 13.85.

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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