In a report released today, Josh Sullivan from Benchmark Co. reiterated a Buy rating on Constellium (CSTM – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $15.01.
Sullivan covers the Industrials sector, focusing on stocks such as HEICO, Spirit AeroSystems, and VSE. According to TipRanks, Sullivan has an average return of 6.5% and a 57.85% success rate on recommended stocks.
Constellium has an analyst consensus of Strong Buy, with a price target consensus of $23.40, a 55.90% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $22.00 price target.
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CSTM market cap is currently $2.17B and has a P/E ratio of 14.28.
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Constellium (CSTM) Company Description:
Constellium SE operates as a holding company with interest in the design and manufacture of a range of specialty rolled, and extruded aluminum products, serving primarily the aerospace, packaging and automotive end-markets. The company operates through the following segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. The Packaging & Automotive Rolled Products segment includes the production of rolled aluminum products. The Aerospace & Transportation segment includes the production of rolled and extruded aluminum products for the aerospace market, as well as rolled products for transport and industry end-uses. The Automotive Structures & Industry segment includes crash-management systems, body structures and side impact beams in Germany, North America and China. The company was founded on May 14, 2010 and is headquartered in Paris, France.
Read More on CSTM:
- Constellium Reports Third Quarter 2023 Results
- CSTM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Constellium to Report Third Quarter 2023 Results on October 25, 2023
- Constellium completes the sale of its Landau, Crailsheim, Burg facilities
- Constellium’s operations in Muscle Shoals and Bowling Green certified by the Aluminium Stewardship Initiative (ASI)
