Analyst Rating Update on Constellium N.V. (CSTM)

Constellium N.V. (CSTM) : 7 analysts are covering Constellium N.V. (CSTM) and their average rating on the stock is 2.43, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Constellium N.V. (CSTM) : The highest short term price target forecast on Constellium N.V. (CSTM) is $18 and the lowest target price is $5. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $10.62 with a standard deviation of $4.93.

Company shares have received an average consensus rating of Hold for the current week Also, Societe Generale downgrades its view on Constellium N.V. (NYSE:CSTM) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on May 20, 2016.


Constellium N.V. (NYSE:CSTM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.15 and $4.98 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.20, notching a gain of 2.36% for the day. The total traded volume was 4,343,590 . The stock had closed at $5.08 on the previous day.

Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions. The Company is a supplier of such sectors as: aerospace, automotive and packaging. The Company offers plates, sheet and coil, precision casting, cockpit carriers for vehicles, vehicle safety components, profiles, as well as tubes and bars, among others. Its main customers include: Airbus, Boeing, Embraer, Audi, BMW, Citroen, Renault, Mercedes Benz, Jaguar and others. The Company is active domestically and abroad, including North America, Europe and Asia.

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