Universal Stainless & Alloy Products (NASDAQ: USAP) received a Buy rating and a $33 price target from Cowen & Co. analyst Lucy Guo today. The company’s shares closed yesterday at $27.39.
According to TipRanks.com, Guo is ranked #2106 out of 4847 analysts.
Universal Stainless & Alloy Products has an analyst consensus of Moderate Buy, with a price target consensus of $33.
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Based on Universal Stainless & Alloy Products’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $4.04 million. In comparison, last year the company had a net profit of $1.23 million.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is neutral on the stock.
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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.
