Century Aluminum gets an average recommendation of “Hold” by industry analysts

Century Aluminum has been given an average recommendation of “Hold” by the ten ratings firms that are currently covering the company, AnalystRatingsNetwork.com reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $9.79.

CENX has been the subject of a number of recent research reports. Analysts at Cowen and Company downgraded shares of Century Aluminum from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 5th. They now have a $9.00 price target on the stock, down previously from $10.00. They noted that the move was a valuation call. Separately, analysts at JPMorgan Chase & Co. upgraded shares of Century Aluminum from an “underweight” rating to an “overweight” rating in a research note on Tuesday, January 21st. They now have a $13.00 price target on the stock, up previously from $6.00. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Century Aluminum from a “neutral” rating to an “underweight” rating in a research note on Tuesday, December 17th. They now have a $6.00 price target on the stock, down previously from $9.00.

Century Aluminum traded up 0.09% on Tuesday, hitting $11.43. The stock had a trading volume of 84,770 shares. Century Aluminum has a one year low of $6.26 and a one year high of $12.58. The stock has a 50-day moving average of $10.97 and a 200-day moving average of $9.20. The company’s market cap is $1.014 billion.

Century Aluminum Company (NASDAQ:CENX) is engaged in producing aluminum.