NewsAluminaCitigroup Lowers Alumina Limited to "Sell" rating
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Citigroup Lowers Alumina Limited to "Sell" rating

Edited by : AL CIRCLE
1 min read
Alumina Limited was downgraded by research analysts at Citigroup from a “neutral” rating to a “sell” rating in a report released on Monday.

Shares of Alumina Limited opened at 2.78 on Monday. Alumina Limited has a 52 week low of $2.72 and a 52 week high of $9.87. The company has a market cap of $1.696 billion and a P/E ratio of 13.37.

Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets downgraded shares of Alumina Limited from a “market perform” rating to an “underperform” rating in a research note to investors on Wednesday, July 11th. Separately, 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. Finally, analysts at Bank of America upgraded shares of Alumina Limited to a “neutral” rating in a research note to investors on Friday, June 1st.

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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