Quanex Building Products Corporation (NYSE:NX) has been downgraded to Overweight in a statement by KeyCorp earlier today.
- Updated: October 17, 2016
Having a price of $16.70, Quanex Building Products Corporation (NYSE:NX) traded -1.18% lower on the day. With the last close down -11.45% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. NX has recorded a 50-day average of $17.72 and a two hundred day average of $18.86. Trade Volume was down over the average, with 57,792 shares of NX changing hands under the typical 173,880
KeyCorp has downgraded Quanex Building Products Corporation (NYSE:NX) to Overweight in a statement released on 10/17/2016.
On 9/8/2016, Imperial Capital released a statement on Quanex Building Products Corporation (NYSE:NX) dropped the target price from $25.00 to $22.50 that suggested an upside of 0.22%.
Recent Performance Chart
Quanex Building Products Corporation has PE ratio of 222.67 with a one year low of $15.33 and a one year high of $21.66 and has a market capitalization of $0.
In addition to KeyCorp reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $24.40 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Quanex Building Products Corporation (NYSE:NX)
Quanex Building Products Corporation manufactures components primarily for the window and door (fenestration) industry, including insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products for original equipment manufacturers (OEMs). The Company's segments include Engineered Products, International Extrusion, and Corporate & Other. Its Engineered Products segment consists of four operating segments focused on the fenestration market, primarily within North America. Its International Extrusion segment consists of a United Kingdom-based vinyl extrusion business. It also manufactures certain non-fenestration components and products, which include solar panel sealants, fencing, water retention barriers, hardware, and conservatory roof components. It serves a customer base in North America and the United Kingdom, and also serves customers in international markets through its operating plants in the United Kingdom and Germany.
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