Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Allegheny Technologies (ATI) on January 3 and set a price target of $35. The company’s shares closed on Friday at $22.61.
According to TipRanks.com, Khanna is a 4-star analyst with an average return of 6.2% and a 52.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allegheny Technologies with a $32.33 average price target.
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The company has a one-year high of $30.25 and a one-year low of $20.84. Currently, Allegheny Technologies has an average volume of 1.39M.
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Allegheny Technologies, Inc. engages in the manufacture of specialty materials and components for different industries which include aerospace and defense, oil and gas, chemical process, and electrical energy. It operates through the High Performance Materials and Components (HPMC) and Flat Rolled Products (FRP) segments.
