Constellium NV Lowered to Neutral at Credit Agricole (CSTM)
Constellium NV (NASDAQ:CSTM) traded down 2.02% on Monday, hitting $29.63. 161,542 shares of the company’s stock traded hands. Constellium NV has a one year low of $16.60 and a one year high of $32.61. The stock has a 50-day moving average of $30.62 and a 200-day moving average of $29.26. The company has a market cap of $3.111 billion and a price-to-earnings ratio of 17.43.
A number of other firms have also recently commented on CSTM. Analysts at Credit Suisse downgraded shares of Constellium NV from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $32.00 price target on the stock, down previously from $33.00. Separately, analysts at Goldman Sachs downgraded shares of Constellium NV from a “conviction-buy” rating to a “buy” rating in a research note on Friday, July 25th. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Constellium NV in a research note on Thursday, July 17th. They now have a $36.00 price target on the stock, up previously from $31.00. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $33.80.
Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions.
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