Century Aluminum Company (NASDAQ:CENX) : 3 analysts are covering Century Aluminum Company (NASDAQ:CENX) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Century Aluminum Company (NASDAQ:CENX) : The highest level Century Aluminum Company (NASDAQ:CENX) is projected to reach is $8 for the short term and the lowest estimate is at $8. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $7.75 and the possibility the share price can swing is $0.35.
Company shares have received an average consensus rating of Hold for the current week
Century Aluminum Company (NASDAQ:CENX): stock turned positive on Tuesday. Though the stock opened at $6.12, the bulls momentum made the stock top out at $6.2499 level for the day. The stock recorded a low of $6 and closed the trading day at $6.09, in the green by 4.01%. The total traded volume for the day was 1,157,656. The stock had closed at $5.855 in the previous days trading.
Century Aluminum Company (Century) is a holding company, engaged in the production of primary aluminum and operation of aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates three United States aluminum smelters, in Hawesville, Kentucky (Hawesville), Robards, Kentucky (Sebree) and Mt. Holly, South Carolina (Mt. Holly), and one smelter in Grundartangi, Iceland (Grundartangi). The Company produces several primary products at its facilities, which include billet, foundry, slab and sow. The Companys annual primary aluminum production capacity is approximately 1,166,000 tons per year (tpy). In addition to its primary aluminum assets, the Company also owns a carbon anode production facility located in Vlissingen, the Netherlands (Vlissingen) and Baise Haohai Carbon Company, Ltd. (BHH) that owns and operates a carbon anode and cathode facility located in the Guangxi Zhuang Autonomous Region of south China.