The stock of Constellium NV (NYSE:CSTM) is a huge mover today! About 386,533 shares traded hands. Constellium NV (NYSE:CSTM) has risen 7.27% since April 21, 2016 and is uptrending. It has outperformed by 1.94% the S&P500.
The move comes after 5 months positive chart setup for the $700.70 million company. It was reported on Nov, 23 by Barchart.com. We have $7.24 PT which if reached, will make NYSE:CSTM worth $56.06 million more.
Analysts await Constellium NV (NYSE:CSTM) to report earnings on March, 21. They expect $0.10 EPS, up 42.86% or $0.03 from last year’s $0.07 per share. CSTM’s profit will be $10.46 million for 16.75 P/E if the $0.10 EPS becomes a reality. After $0.16 actual EPS reported by Constellium NV for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.
Constellium NV (NYSE:CSTM) Ratings Coverage
Out of 11 analysts covering Constellium NV (NYSE:CSTM), 7 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 64% are positive. Constellium NV has been the topic of 12 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Market Perform” rating given by Cowen & Co on Monday, September 21. The company was maintained on Thursday, August 6 by Deutsche Bank. Citigroup maintained Constellium NV (NYSE:CSTM) on Monday, October 5 with “Neutral” rating. As per Friday, March 11, the company rating was initiated by Credit Suisse. As per Monday, October 5, the company rating was maintained by Deutsche Bank. The rating was initiated by Seaport Global on Friday, September 9 with “Neutral”. Sterne Agee CRT maintained Constellium NV (NYSE:CSTM) rating on Friday, October 2. Sterne Agee CRT has “Buy” rating and $12 price target. The rating was downgraded by Societe Generale to “Hold” on Friday, May 20. The stock of Constellium NV (NYSE:CSTM) has “Overweight” rating given on Wednesday, March 16 by JP Morgan.
According to Zacks Investment Research, “Constellium N.V. is involved in the development of aluminium products and solutions for aerospace, automotive, packaging and industry. The company offers plates, sheet and coil, precision casting, cockpit carriers for vehicles, vehicle safety components, profiles as well as tubes and bars. Constellium N.V. is headquartered in rue Washington, France.”
More recent Constellium NV (NYSE:CSTM) news were published by: Moodys.com which released: “Moody’s downgrades Constellium CFR to B3; negative outlook” on December 18, 2015. Also Moodys.com published the news titled: “Moody’s assigns (P)B2 rating to senior secured notes and downgrades unsecured …” on March 16, 2016. Streetinsider.com‘s news article titled: “Constellium N.V. (CSTM) CFO Didier Fontaine to Pursue Another Opportunity” with publication date: August 31, 2016 was also an interesting one.
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