Share on StockTwits

Constellium NV (NASDAQ:CSTM) reached a new 52-week high during mid-day trading on Friday , StockRatingsNetwork reports. The company traded as high as $31.15 and last traded at $31.02, with a volume of 275,891 shares changing hands. The stock had previously closed at $30.60.

A number of analysts have recently weighed in on CSTM shares. Analysts at Sterne Agee initiated coverage on shares of Constellium NV in a research note on Thursday. They set a “buy” rating and a $30.43 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Constellium NV in a research note on Monday, May 19th. They now have a $35.00 price target on the stock, up previously from $32.00. Finally, analysts at Zacks downgraded shares of Constellium NV from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 7th. They now have a $29.20 price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $31.51.

The stock’s 50-day moving average is $29. and its 200-day moving average is $26.77. The company has a market cap of $3.258 billion and a price-to-earnings ratio of 17.25.

Constellium NV (NASDAQ:CSTM) last released its earnings data on Friday, May 16th. The company reported $0.28 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.37 by $0.09. The company had revenue of $883.00 million for the quarter, compared to the consensus estimate of $929.73 million. Constellium NV’s revenue was down 3.1% compared to the same quarter last year.

Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.