In a report released on October 5, Bill Peterson from J.P. Morgan maintained a Buy rating on Constellium, with a price target of $17.00. The company’s shares opened today at $15.15.
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Peterson covers the Basic Materials sector, focusing on stocks such as Freeport-McMoRan, Alcoa, and MP Materials. According to TipRanks, Peterson has an average return of -2.8% and a 46.86% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Constellium with a $17.30 average price target.
CSTM market cap is currently $2.15B and has a P/E ratio of 78.58.
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