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


Credit Suisse analyst Curt Woodworth maintained a Buy rating on Arconic Inc (NYSE: ARNC) on October 1 and set a price target of $28. The company’s shares closed yesterday at $22.19.

According to TipRanks.com, Woodworth is a 5-star analyst with an average return of 16.5% and a 61.9% success rate. Woodworth covers the Basic Materials sector, focusing on stocks such as Cleveland-Cliffs Inc, Kaiser Aluminum Corp, and United States Steel.

Currently, the analyst consensus on Arconic Inc is a Moderate Buy with an average price target of $23.67.

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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 3.23M.

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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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