Deutsche Bank analyst Jorge Beristain reiterated a Buy rating on Constellium (NYSE: CSTM) on August 26. The company’s shares closed last Friday at $5.30.
According to TipRanks.com, Beristain is ranked 0 out of 5 stars with an average return of -9.7% and a 40.4% success rate. Beristain covers the Basic Materials sector, focusing on stocks such as Kaiser Aluminum Corp., Hecla Mining Company, and Peabody Energy Corp.
Constellium has an analyst consensus of Moderate Buy, with a price target consensus of $13.
The company has a one year high of $9.94 and a one year low of $3.38. Currently, Constellium has an average volume of 742.4k.
Constellium NV operates as a holding company with interest in the design and manufacture of a range of specialty rolled and extruded aluminum products, serving primarily the aerospace, packaging and automotive end-markets. The company operates through three segments: Aerospace & Transportation, Packaging & Automotive Rolled Products and Automotive Structures & Industry. The Aerospace & Transportation segment includes the production of rolled and extruded aluminum products for the aerospace market, as well as rolled products for transport and industry end-uses. It produces aluminum plate, sheet and fabricated products in its European and North American facilities. The Packaging & Automotive Rolled Products segment includes the production of rolled aluminum products in its French and German facilities. It supplies the packaging market with can stock and closure stock for the beverage and food industry, as well as foil stock for the flexible packaging market. In addition this segment supplies products for a number of technically sophisticated applications such as automotive sheet, heat exchangers, and sheet and coils for the building and constructions markets. The Automotive Structures & Industry segment includes the production of hard and soft aluminum alloy extruded profiles in Germany, France, the Czech Republic and Slovakia. Its extruded products are targeted at high demand end-uses in the automotive, engineering, building and construction and other transportation markets. The company was founded on May 14, 2010 and is headquartered in Schiphol-Rijk, The Netherlands.