BMO Capital Thinks Century Aluminum’s Stock is Going to Recover


BMO Capital analyst David Gagliano maintained a Buy rating on Century Aluminum (NASDAQ: CENX) today and set a price target of $14. The company’s shares opened today at $9.01, close to its 52-week low of $7.80.

According to TipRanks.com, Gagliano is a 1-star analyst with an average return of -1.1% and a 43.6% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as Cloud Peak Energy Inc, Freeport-McMoRan, and Steel Dynamics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Century Aluminum with a $15.33 average price target.

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The company has a one-year high of $24.77 and a one-year low of $7.80. Currently, Century Aluminum has an average volume of 2.25M.

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Century Aluminum Co. is a producer of aluminum and operates aluminum reduction facilities producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. Its products include standard ingots, T-ingot, extrusion billet, horizontal direct chill ingot, molten, slab, and sow.

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