Oppenheimer analyst Ian Zaffino maintained a Buy rating on Ferroglobe PLC (NASDAQ: GSM) today. The company’s shares opened today at $11.54.
According to TipRanks.com, Zaffino is a 3-star analyst with an average return of 2.0% and a 54.5% success rate. Zaffino covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Peak Resorts, and Six Flags.
Ferroglobe PLC has an analyst consensus of Strong Buy, with a price target consensus of $17.50.
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Based on Ferroglobe PLC’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $32.21 million. In comparison, last year the company had a GAAP net loss of $6.55 million.
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Ferroglobe PLC engages in the provision of silicon and specialty metals. It operates through the following segments: Electrometallurgy-North America, Electrometallurgy-Europe, Electrometallurgy-South Africa, Electrometallurgy-Venezuela, and Other. The company was founded on February 5, 2015 and is headquartered in London, the United Kingdom.
