Credit Suisse Maintains Their Buy Rating on Arconic Inc (ARNC)


In a report released yesterday, Curt Woodworth from Credit Suisse maintained a Buy rating on Arconic Inc (NYSE: ARNC), with a price target of $28. The company’s shares closed yesterday at $21.99.

According to TipRanks.com, Woodworth is a 5-star analyst with an average return of 14.7% and a 60.1% success rate. Woodworth covers the Basic Materials sector, focusing on stocks such as Cleveland-Cliffs Inc, Kaiser Aluminum Corp, and United States Steel.

Arconic Inc has an analyst consensus of Moderate Buy, with a price target consensus of $23.60.

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The company has a one-year high of $31.17 and a one-year low of $16.47. Currently, Arconic Inc has an average volume of 3.4M.

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Arconic, Inc. engages in the manufacturing and engineering of lightweight metals. It operates through the following segments: Global Rolled Products; Engineered Products and Solutions; and Transportation and Construction Solutions.

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