BMO Capital Reaffirms Their Buy Rating on Constellium (CSTM)
BMO Capital analyst Katja Jancic maintained a Buy rating on Constellium today and set a price target of $17.00. The company’s shares opened today at $14.39.
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Jancic covers the Basic Materials sector, focusing on stocks such as Nucor, Algoma Steel Group, and Commercial Metals Company. According to TipRanks, Jancic has an average return of 12.2% and a 67.53% success rate on recommended stocks.
Constellium has an analyst consensus of Strong Buy, with a price target consensus of $14.75.
Based on Constellium’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.98 billion and a net profit of $37 million. In comparison, last year the company earned a revenue of $1.73 billion and had a net profit of $16 million
