Constellium SE (NYSE:CSTM) Receives Average Recommendation of “Hold” from Brokerages

Shares of Constellium SE (NYSE:CSTM) have received a consensus rating of “Hold” from the five analysts that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $24.00.

A number of research analysts have weighed in on CSTM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Constellium in a research note on Monday, December 29th. JPMorgan Chase & Co. increased their target price on Constellium from $17.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Wells Fargo & Company upgraded Constellium from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $17.00 to $25.00 in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $25.00 price objective on shares of Constellium in a report on Thursday, January 8th. Finally, Wall Street Zen upgraded shares of Constellium from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CSTM. Farther Finance Advisors LLC boosted its holdings in Constellium by 6,985.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,488 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 1,467 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Constellium by 578.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,348 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 2,002 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Constellium by 52.5% during the 4th quarter. Allworth Financial LP now owns 2,074 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 714 shares during the period. KBC Group NV acquired a new stake in Constellium during the 2nd quarter worth approximately $56,000. Finally, GAMMA Investing LLC raised its holdings in Constellium by 29.7% in the fourth quarter. GAMMA Investing LLC now owns 3,089 shares of the industrial products company’s stock valued at $58,000 after buying an additional 707 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

Constellium Stock Performance

Shares of CSTM opened at $24.83 on Friday. Constellium has a 1 year low of $7.32 and a 1 year high of $25.15. The company’s 50 day simple moving average is $20.38 and its 200 day simple moving average is $16.87. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 31.42 and a beta of 1.51. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.54 and a current ratio of 1.28.

Constellium Company Profile

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.