Century Aluminum Coverage Initiated by Analysts at CRT Capital (CENX)

Analysts at CRT Capital initiated coverage on shares of Century Aluminum in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Shares of Century Aluminum opened at 13.82 on Wednesday. Century Aluminum has a 52-week low of $7.65 and a 52-week high of $14.64. The stock has a 50-day moving average of $13.3 and a 200-day moving average of $11.06. The company’s market cap is $1.227 billion.

Century Aluminum last posted its quarterly earnings results on Thursday, April 24th. The company reported ($0.23) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.18. The company had revenue of $420.80 million for the quarter, compared to the consensus estimate of $437.44 million. During the same quarter last year, the company posted $0.09 earnings per share. Century Aluminum’s revenue was up 31.0% compared to the same quarter last year. On average, analysts predict that Century Aluminum will post $0.46 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. upgraded shares of Century Aluminum from an “equal weight” rating to a “positive” rating in a research note on Thursday, March 6th. Analysts at Barclays raised their price target on shares of Century Aluminum from $11.00 to $13.00 in a research note on Friday, February 21st. They now have an “overweight” rating on the stock. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $9.88.

Century Aluminum Company is engaged in producing aluminum.