Constellium (CSTM) Moves On Jefferies Initiation. How Much Are Shares Worth?

July 16, 2018 - By Robert Shackelford

Constellium N.V. (NYSE:CSTM) Logo

Why Has Jefferies Given Constellium (CSTM) a $14.0 Price Target

Analysts at Jefferies has initiated coverage on shares of Constellium (CSTM) in analysts report revealed to investors on 16 July. The financial company set “Buy” rating on the stock. Jefferies’s target of $14.0 suggests potential of 28.44 % from the stock’s previous stock close.

The stock increased 2.98% or $0.325 during the last trading session, reaching $11.225. About 889,297 shares traded. Constellium N.V. (CSTM) has risen 89.06% since July 16, 2017 and is uptrending. It has outperformed by 76.49% the S&P500.

Analysts await Constellium N.V. (NYSE:CSTM) to report earnings on July, 26. They expect $0.31 EPS, up 93.75 % or $0.15 from last year’s $0.16 per share. CSTM’s profit will be $41.70 million for 9.05 P/E if the $0.31 EPS becomes a reality. After $0.17 actual EPS reported by Constellium N.V. for the previous quarter, Wall Street now forecasts 82.35 % EPS growth.

Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company has market cap of $1.51 billion. The firm operates in three divisions: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. It currently has negative earnings. The Packaging & Automotive Rolled Products segment produces rolled aluminum products, including can stock and closure stock for the beverage and food industry, and foil stock for the flexible packaging market.

Constellium N.V. (NYSE:CSTM) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.