J.P. Morgan Sticks to Their Buy Rating for Constellium (CSTM)
In a report released today, Bill Peterson from J.P. Morgan maintained a Buy rating on Constellium, with a price target of $17.00. The company’s shares opened today at $14.71.
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Peterson covers the Basic Materials sector, focusing on stocks such as MP Materials, Commercial Metals Company, and Alcoa. According to TipRanks, Peterson has an average return of -5.7% and a 45.08% success rate on recommended stocks.
In addition to J.P. Morgan, Constellium also received a Buy from BMO Capital’s Katja Jancic in a report issued yesterday. However, today, TR | OpenAI – 4o reiterated a Hold rating on Constellium (NYSE: CSTM).
CSTM market cap is currently $1.99B and has a P/E ratio of 77.59.
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