Century Aluminum upgraded to “Neutral” by Bank of America (CENX)

Century Aluminum was upgraded by Bank of America to a “neutral” rating in a research note issued on Monday.

Shares of Century Aluminum opened at 13.65 on Monday. Century Aluminum has a 1-year low of $7.65 and a 1-year high of $14.80. The stock’s 50-day moving average is $13.79 and its 200-day moving average is $11.62. The company’s market cap is $1.212 billion.

Century Aluminum last released its earnings data 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. Analysts expect that Century Aluminum will post $0.67 EPS for the current fiscal year.

CENX has been the subject of a number of other recent research reports. Analysts at Furey Research Partners initiated coverage on shares of Century Aluminum in a research note on Wednesday, May 7th. They set a “buy” rating and a $18.50 price target on the stock. Separately, analysts at CRT Capital initiated coverage on shares of Century Aluminum in a research note on Wednesday, May 7th. They set a “buy” rating on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $11.60.

Century Aluminum Company is engaged in producing aluminum.