First call rating update on Century Aluminum Company

Century Aluminum Company First Call has rated the counter a Hold. The rating recommendation was disclosed in the First Call research information.

Century Aluminum Company stock has received a short term price target of $ 22.17 from 6 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $6.18. The higher estimate of target price is $31 , while the lower price target estimate is $14

Century Aluminum Company dropped 4.17% or 0.67 points in the stock market. After opening the day at $15.51, enthusiastic buying supported the stock to a high of $15.79, from whereon serious profit booking came into action. The counter finally ended at $15.41 with the volume soaring to 3,698,894 shares. The closing level of the previous session is $16.08. On a yearly basis, the price had reached its zenith at $31.75 and the nadir is recorded at $11.94. As per the data available from the exchange, there are 89,065,000 outstanding shares and the latest market cap of the corporation is $1,372 million.

Company has received coverage from different analysts. In the latest statement by the brokerage house, Deutsche Bank maintains its outlook on Century Aluminum Company. The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm lowers the price target from $32 per share to $27 per share.

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