Constellium N.V. (NYSE:CSTM) has earned a consensus recommendation of “Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $8.77.

Several equities analysts recently weighed in on CSTM shares. Seaport Global Securities cut shares of Constellium N.V. from a “buy” rating to a “neutral” rating and raised their price target for the company from $8.00 to $9.00 in a research report on Friday, July 28th. BidaskClub cut shares of Constellium N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Cowen and Company set a $6.00 price target on shares of Constellium N.V. and gave the company a “hold” rating in a research report on Thursday, July 27th. Finally, BMO Capital Markets set a $9.00 price target on shares of Constellium N.V. and gave the company a “hold” rating in a research report on Friday, July 28th.

Constellium N.V. (CSTM) remained flat at $10.15 during mid-day trading on Tuesday. The stock had a trading volume of 634,326 shares. The firm has a 50 day moving average of $8.69 and a 200 day moving average of $7.27. Constellium N.V. has a 1-year low of $4.85 and a 1-year high of $10.95. The company has a market cap of $1.07 billion, a P/E ratio of 38.89 and a beta of 0.77.

Constellium N.V. (NYSE:CSTM) last announced its quarterly earnings results on Thursday, July 27th. The industrial products company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by $0.08. Constellium N.V. had a net margin of 0.48% and a negative return on equity of 4.31%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the business posted $0.08 EPS. Constellium N.V.’s revenue was up 12.1% compared to the same quarter last year. Equities analysts forecast that Constellium N.V. will post $0.61 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of CSTM. Fox Run Management L.L.C. purchased a new position in Constellium N.V. during the second quarter valued at approximately $108,000. Prescott Group Capital Management L.L.C. purchased a new position in Constellium N.V. during the first quarter valued at approximately $965,000. Boussard & Gavaudan Investment Management LLP boosted its position in Constellium N.V. by 59.8% in the second quarter. Boussard & Gavaudan Investment Management LLP now owns 1,513,802 shares of the industrial products company’s stock valued at $10,332,000 after buying an additional 566,447 shares in the last quarter. RMB Capital Management LLC boosted its position in Constellium N.V. by 11.1% in the first quarter. RMB Capital Management LLC now owns 185,496 shares of the industrial products company’s stock valued at $1,206,000 after buying an additional 18,550 shares in the last quarter. Finally, Credit Suisse AG boosted its position in Constellium N.V. by 1,949.8% in the first quarter. Credit Suisse AG now owns 390,975 shares of the industrial products company’s stock valued at $2,541,000 after buying an additional 371,901 shares in the last quarter. 62.19% of the stock is currently owned by hedge funds and other institutional investors.

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About Constellium N.V.

Constellium N.V. is a Netherlands-based company engaged in developing aluminum products for a range of markets and applications, including aerospace, automotive and packaging. The Company’s manufacturing facilities are located in the United States, Europe and China. It operates through three segments: Packaging & Automotive Rolled Product; Aerospace & Transportation, and Automotive Structures & Industry.

Analyst Recommendations for Constellium N.V. (NYSE:CSTM)

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