Universal Stainless & Alloy Products (USAP) Gets a Buy Rating from Cowen & Co.


In a report released today, Lucy Guo from Cowen & Co. maintained a Buy rating on Universal Stainless & Alloy Products (USAP), with a price target of $18. The company’s shares closed yesterday at $16.70, close to its 52-week low of $14.11.

According to TipRanks.com, Guo is ranked #1935 out of 5197 analysts.

Universal Stainless & Alloy Products has an analyst consensus of Moderate Buy, with a price target consensus of $25.

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The company has a one-year high of $30.91 and a one-year low of $14.11. Currently, Universal Stainless & Alloy Products has an average volume of 33K.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of USAP in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel and certain other alloyed steels.

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