In a report released on November 15, Arun Viswanathan from RBC Capital maintained a Hold rating on GrafTech International (EAF – Research Report), with a price target of $3.00. The company’s shares closed yesterday at $2.50.
According to TipRanks, Viswanathan is a 3-star analyst with an average return of 1.7% and a 50.81% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Albemarle, FMC, and Quaker Chemical.
Currently, the analyst consensus on GrafTech International is a Hold with an average price target of $3.50, a 40.00% upside from current levels. In a report released on November 5, BMO Capital also assigned a Hold rating to the stock with a $3.50 price target.
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The company has a one-year high of $6.71 and a one-year low of $2.20. Currently, GrafTech International has an average volume of 1.7M.
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GrafTech International (EAF) Company Description:
GrafTech International Ltd. manufactures graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The firm also produces needle coke products which is a raw material to producing graphite electrodes. Its customers include steel producers and other ferrous and non-ferrous metal producers in Europe, the Middle East and Africa, the Americas and Asia-Pacific, which sell its products into the automotive, construction, appliance, machinery, equipment and transportation industries. The company was founded in 1886 and is headquartered in Independence, OH.
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