How Many Ferroglobe PLC (NASDAQ:GSM)’s Analysts Are Bearish?

June 17, 2018 - By Vivian Currie

Ferroglobe PLC (NASDAQ:GSM) Ratings Coverage

Among 4 analysts covering Ferroglobe PLC (NASDAQ:GSM), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ferroglobe PLC had 6 analyst reports since February 26, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan with “Overweight” on Wednesday, May 23. J.P. Morgan upgraded Ferroglobe PLC (NASDAQ:GSM) rating on Monday, March 26. J.P. Morgan has “Buy” rating and $13.5000 target. As per Friday, May 18, the company rating was maintained by FBR Capital. Jefferies maintained Ferroglobe PLC (NASDAQ:GSM) rating on Monday, February 26. Jefferies has “Buy” rating and $19.0 target. The stock has “Buy” rating by FBR Capital on Monday, February 26. The stock of Ferroglobe PLC (NASDAQ:GSM) earned “Buy” rating by FBR Capital on Wednesday, May 23. Below is a list of Ferroglobe PLC (NASDAQ:GSM) latest ratings and price target changes.

23/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $20 New Target: $18 Maintain
23/05/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $13.5 New Target: $15 Maintain
18/05/2018 Broker: FBR Capital Rating: Buy New Target: $20.0000 Maintain
26/03/2018 Broker: J.P. Morgan Rating: Buy New Target: $13.5000 Upgrade
26/02/2018 Broker: Jefferies Rating: Buy New Target: $19.0 Maintain
26/02/2018 Broker: FBR Capital Rating: Buy New Target: $20.0 Maintain

The stock decreased 3.64% or $0.34 during the last trading session, reaching $9. About 1.40 million shares traded or 33.32% up from the average. Ferroglobe PLC (NASDAQ:GSM) has declined 2.18% since June 17, 2017 and is downtrending. It has underperformed by 14.75% the S&P500.

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company has market cap of $1.55 billion. The firm offers silicon metals that are used in personal care items, construction-related products, health care products, and electronics, as well as used in the manufacture of silicone chemicals; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel. It has a 61.64 P/E ratio. It also provides ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; silico calcium, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal; nodularizers and inoculants, which are used in the production of iron; and silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon.

More recent Ferroglobe PLC (NASDAQ:GSM) news were published by: Globenewswire.com which released: “Ferroglobe Announces Insider Buying” on June 07, 2018. Also Nasdaq.com published the news titled: “Factors of Influence in 2018, Key Indicators and Opportunity within The Andersons, Ferroglobe, Paylocity Holding …” on May 21, 2018. Globenewswire.com‘s news article titled: “Ferroglobe Reports Results for First Quarter of 2018” with publication date: May 21, 2018 was also an interesting one.

Ferroglobe PLC (NASDAQ:GSM) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: