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Research analysts at Cowen and Company hoisted their price target on shares of Century Aluminum (NASDAQ:CENX) from $13.00 to $19.00 in a report released on Thursday. Cowen and Company’s target price indicates a potential downside of 4.43% from the company’s current price.

Century Aluminum (NASDAQ:CENX) traded up 5.74% during mid-day trading on Thursday, hitting $19.88. The stock had a trading volume of 2,037,095 shares. Century Aluminum has a 52 week low of $7.65 and a 52 week high of $19.94. The stock’s 50-day moving average is $16.95 and its 200-day moving average is $13.87. The company’s market cap is $1.765 billion.

Century Aluminum (NASDAQ:CENX) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.03. The company had revenue of $458.30 million for the quarter, compared to the consensus estimate of $438.71 million. During the same quarter in the prior year, the company posted ($0.39) earnings per share. The company’s quarterly revenue was up 38.1% on a year-over-year basis. Analysts expect that Century Aluminum will post $0.96 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs upgraded shares of Century Aluminum from a “sell” rating to a “neutral” rating in a research note on Monday, July 7th. They now have a $15.50 price target on the stock, up previously from $8.00. Separately, analysts at Bank of America upgraded shares of Century Aluminum from an “underperform” rating to a “neutral” rating in a research note on Monday, June 2nd. They now have a $14.00 price target on the stock, up previously from $9.00. Finally, analysts at Furey Research Partners initiated coverage on shares of Century Aluminum in a research note on Wednesday, May 7th. They set a “buy” rating and a $18.50 price target on the stock. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $15.19.

Century Aluminum Company (NASDAQ:CENX) is engaged in producing aluminum.

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