Zacks Rating on AK Steel Holding Corporation (AKS)

AK Steel Holding Corporation (AKS) : Zacks Investment Research ranks AK Steel Holding Corporation (AKS) as 3, which is a Hold recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 4 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 3.9, which indicates as a Sell.

AK Steel Holding Corporation (AKS) : The highest short term price target forecast on AK Steel Holding Corporation (AKS) is $7 and the lowest target price is $3. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $4.8 with a standard deviation of $1.24.


AK Steel Holding Corporation has lost 7.47% in the last five trading days and dropped 10.89% in the last 4 weeks. AK Steel Holding Corporation is up 35.29% in the last 3-month period. Year-to-Date the stock performance stands at 115.62%. AK Steel Holding Corporation (NYSE:AKS): stock turned positive on Tuesday. Though the stock opened at $4.87, the bulls momentum made the stock top out at $4.9801 level for the day. The stock recorded a low of $4.81 and closed the trading day at $4.83, in the green by 0.63%. The total traded volume for the day was 8,770,103. The stock had closed at $4.8 in the previous days trading.

AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding, the Company). The operations of the Company and its wholly owned subsidiaries consist primarily of eight steelmaking and finishing plants, two coke plants and two tube manufacturing plants across six states, which include Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. These operations produce flat-rolled carbon steels, including coated, cold-rolled and hot-rolled carbon steel products, and specialty stainless and electrical steels that are sold in sheet and strip form, as well as carbon and stainless steel that is finished into welded steel tubing. These products are sold to the automotive, infrastructure and manufacturing, and distributors and converters markets.

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