Citigroup Downgrades GrafTech International Ltd (EAF) to Sell


Citigroup analyst Alexander Hacking downgraded GrafTech International Ltd (EAF) to Sell today. The company’s shares closed on Thursday at $13.93.

According to TipRanks.com, Hacking is a 3-star analyst with an average return of 5.3% and a 59.6% success rate. Hacking covers the Basic Materials sector, focusing on stocks such as Compania de Minas Buenaventura SAA, First Quantum Minerals Ltd, and Cleveland-Cliffs Inc.

GrafTech International Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $17.

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GrafTech International Ltd’s market cap is currently $4.05B and has a P/E ratio of 4.85. The company has a Price to Book ratio of -3.76.

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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.

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