Morgan Stanley reiterates equal weight rating for Century Aluminum

Century Aluminum Company’s stock had its “equal weight” rating restated by research analysts at Morgan Stanley in a report released on Monday, AnalystRatingsNetwork.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at The Street upgraded shares of Century Aluminum Company from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, May 7th. Separately, analysts at Cowen and Company upgraded shares of Century Aluminum Company from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, April 30th. They now have a $13.00 price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Century Aluminum Company from $7.00 to $6.00 in a research note to investors on Monday, April 29th. They now have an “underperform” rating on the stock.

Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $9.00.

Century Aluminum Company opened at 9.62 on Monday. Century Aluminum Company has a 1-year low of $5.52 and a 1-year high of $9.70. The stock’s 50-day moving average is currently $7.60. The company’s market cap is $852.3 million.

Century Aluminum Company last issued its quarterly earnings data on April 25th. The company reported $0.09 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.04) by $0.13. The company had revenue of $321.27 million for the quarter, compared to the consensus estimate of $326.47 million. During the same quarter last year, the company posted ($0.04) earnings per share. Century Aluminum Company’s revenue was down 1.5% compared to the same quarter last year. On average, analysts predict that Century Aluminum Company will post $-0.11 earnings per share for the current fiscal year.