Constellium N.V. (CSTM) Receives Price Target

Constellium N.V. (CSTM) stock is expected to deviate a maximum of $5.45 from the average target price of $9.51 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $18 and the most muted being $5.

Constellium N.V. (CSTM) : 1 brokerage houses believe that Constellium N.V. (CSTM) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Constellium N.V. (CSTM). Zacks Investment Research suggests a Strong Sell with a rank of 5.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.


Constellium N.V. (NYSE:CSTM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.44 and $7.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.63, notching a gain of 2.01% for the day. The total traded volume was 1,654,866 . The stock had closed at $7.48 on the previous day.

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.

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