08 JULY 2014www.mideasttime.com
Constellium NV’s “Buy” Rating Reaffirmed at Deutsche Bank
Edited by : AL CIRCLE
2 min read
Deutsche Bank reaffirmed their buy rating on shares of Constellium NV in a report released on Thursday. Deutsche Bank currently has a $36.00 price objective on the stock, up from their previous price objective of $35.00.
Deutsche Bank has also taken action a number of other stocks recently. The firm reiterated its buy rating on shares of Lloyds Banking Group PLC (ADR). Also, Deutsche Bank reiterated its hold rating on shares of GlaxoSmithKline plc (ADR). Finally, Deutsche Bank reiterated its hold rating on shares of AstraZeneca plc (ADR).
A number of other analysts have also recently weighed in on CSTM. Analysts at Sterne Agee initiated coverage on shares of Constellium NV in a research note on Thursday, June 12th. They set a buy rating and a $30.43 price target on the stock. Separately, analysts at Zacks downgraded shares of Constellium NV from a neutral rating to an underperform rating in a research note on Wednesday, May 7th. They now have a $29.20 price target on the stock. Finally, analysts at Barclays reiterated an equal weight rating on shares of Constellium NV in a research note on Thursday, April 10th. They now have a $32.00 price target on the stock, up previously from $25.00. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of $31.63.
Constellium NV traded down 0.45% during mid-day trading on Thursday, hitting $31.29. 363,380 shares of the company’s stock traded hands. Constellium NV has a one year low of $16.04 and a one year high of $32.61. The stock has a 50-day moving average of $30.55 and a 200-day moving average of $27.78. The company has a market cap of $3.285 billion and a price-to-earnings ratio of 17.79.
Constellium NV last released its earnings data on Friday, May 16th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.09. The company had revenue of $883.00 million for the quarter, compared to the consensus estimate of $929.73 million. The company’s revenue for the quarter was down 3.1% on a year-over-year basis.
Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions.
Deutsche Bank has also taken action a number of other stocks recently. The firm reiterated its buy rating on shares of Lloyds Banking Group PLC (ADR). Also, Deutsche Bank reiterated its hold rating on shares of GlaxoSmithKline plc (ADR). Finally, Deutsche Bank reiterated its hold rating on shares of AstraZeneca plc (ADR).
A number of other analysts have also recently weighed in on CSTM. Analysts at Sterne Agee initiated coverage on shares of Constellium NV in a research note on Thursday, June 12th. They set a buy rating and a $30.43 price target on the stock. Separately, analysts at Zacks downgraded shares of Constellium NV from a neutral rating to an underperform rating in a research note on Wednesday, May 7th. They now have a $29.20 price target on the stock. Finally, analysts at Barclays reiterated an equal weight rating on shares of Constellium NV in a research note on Thursday, April 10th. They now have a $32.00 price target on the stock, up previously from $25.00. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of $31.63.
Constellium NV traded down 0.45% during mid-day trading on Thursday, hitting $31.29. 363,380 shares of the company’s stock traded hands. Constellium NV has a one year low of $16.04 and a one year high of $32.61. The stock has a 50-day moving average of $30.55 and a 200-day moving average of $27.78. The company has a market cap of $3.285 billion and a price-to-earnings ratio of 17.79.
Constellium NV last released its earnings data on Friday, May 16th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.09. The company had revenue of $883.00 million for the quarter, compared to the consensus estimate of $929.73 million. The company’s revenue for the quarter was down 3.1% on a year-over-year basis.
Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions.
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