NewsAluminaJPMorgan Chase downgraded Alumina Limited Rating to Underweight
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JPMorgan Chase downgraded Alumina Limited Rating to Underweight

Edited by : AL CIRCLE
1 min read
Alumina Limited was downgraded by JPMorgan Chase from a “neutral” rating to an “underweight” rating in a research note issued on Friday.

A number of other firms have also recently commented on AWC. Analysts at Bank of America upgraded shares of Alumina Limited to a “neutral” rating in a research note to investors on Friday, June 1st. Analysts at Goldman Sachs upgraded shares of Alumina Limited from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, May 22nd.

Alumina Limited traded up 2.19% on Friday, hitting $3.73. Alumina Limited has a 1-year low of $3.44 and a 1-year high of $9.87. The company has a market cap of $2.275 billion and a price-to-earnings ratio of 17.55. 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).

Tagged with:AustraliaMarket

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