AK Steel Holding Corporation (NYSE:AKS) target price raised to $6.00, reported today by Rosenblatt Securities
- Updated: September 17, 2016
Having a price of $4.67, AK Steel Holding Corporation (NYSE:AKS) traded 1.23% higher on the day. With the last stock price up 10.81% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same period. AKS has registered a 50-day average of $5.22 and two hundred day average of $4.61. 11,250,311 shares of AKS were exchanged, down from ann average volume of 11,678,800
In a statement issued on Monday August 22 2016 Rosenblatt Securities bumped up the target price of AK Steel Holding Corporation (NYSE:AKS) from $0 to $6 stating a possible upsideof 0.28%.
Recent Performance Chart:
In addition to Rosenblatt Securities reporting it’s price target, a total of 12 brokers have reported on the company. The one year target is $4.48 with 0 rating the company a strong buy, three analysts rating the stock a buy, eight analysts rating the stock a hold, two firms rating the stock to underperform, and finally one brokerage rating the stock as sell.
With a market cap of $0.0, AK Steel Holding Corporation has a one-year low of $1.64 and a 52 week high of $7.09 with a P/E ratio of 0.
General Information About AK Steel Holding Corporation (NYSE:AKS)
AK Steel Holding Corporation is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company operates approximately eight steelmaking and finishing plants, over two coke plants and approximately two tube manufacturing plants across states, which include Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. These operations produce flat-rolled carbon, specialty stainless and electrical steels that it sells in sheet and strip form, and carbon and stainless steel that it finishes into welded steel tubing. The Company also produces metallurgical coal through its subsidiary, AK Coal Resources, Inc. (AK Coal). In addition, the Company operates trading companies in Mexico and Europe that buy and sell steel and steel products and other materials. It sells flat-rolled carbon steel products, consisting of coated, cold-rolled, and and hot-rolled carbon steel products.
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