NewsDownstreamKaiser Aluminum Upgraded to “Outperform”
03 FEBRUARY 2013Zolmax.com

Kaiser Aluminum Upgraded to “Outperform”

Edited by : AL CIRCLE
1 min read
Kaiser Aluminum Upgraded to “Outperform”
Zacks upgraded shares of Kaiser Aluminum from a neutral rating to an outperform rating in a report issued on Tuesday. They currently have $66.00 target price on the stock.

Shares of Kaiser Aluminum traded up 0.81% during mid-day trading on Tuesday, hitting $62.13. Kaiser Aluminum has a 52 week low of $45.65 and a 52 week high of $65.17. The stock’s 50-day moving average is currently $62.17. The company has a market cap of $1.190 billion and a P/E ratio of 14.23.

The company also recently announced a quarterly dividend, which is scheduled for Friday, February 15th. Shareholders of record on Friday, January 25th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Wednesday, January 23rd. This is a positive change from Kaiser Aluminum’s previous quarterly dividend of $0.25.

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