Constellium N.V. (CSTM) : The consensus on Constellium N.V. (CSTM) based on 7 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Constellium N.V. (CSTM) : 9 Wall Street analysts covering Constellium N.V. (CSTM) believe that the average level the stock could reach for the short term is $8.84. The maximum price target given is $18 and the minimum target for short term is around $5, hence the standard deviation is calculated at $5.19.
Also, Seaport Global initiates coverage on Constellium N.V. (NYSE:CSTM).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on September 9, 2016.
Constellium N.V. (NYSE:CSTM): After opening at $6.96, the stock dipped to an intraday low of $6.85 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.22 and the buying power remained strong till the end. The stock closed at $7.13 for the day, a gain of 1.57% for the day session. The total traded volume was 550,345. The stocks close on the previous trading day was $7.02.
Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions. The Company is a supplier of such sectors as: aerospace, automotive and packaging. The Company offers plates, sheet and coil, precision casting, cockpit carriers for vehicles, vehicle safety components, profiles, as well as tubes and bars, among others. Its main customers include: Airbus, Boeing, Embraer, Audi, BMW, Citroen, Renault, Mercedes Benz, Jaguar and others. The Company is active domestically and abroad, including North America, Europe and Asia.