Zacks Investment Research downgraded Kaiser Aluminum Corp. (NASDAQ:KALU) to Sell in a report released today.
- Updated: October 4, 2016
Yesterday Kaiser Aluminum Corp. (NASDAQ:KALU) traded -1.96% lower at $84.06. The company’s 50-day moving average is $85.08 and its 200-day moving average is $86.45. The last closing price is down -2.77% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 85,563 shares of the stock were exchanged, down from an average trading volume of 145,389
Zacks Investment Research has downgraded Kaiser Aluminum Corp. (NASDAQ:KALU) to Sell in a report released on 10/05/2016.
Previously on 9/9/2016, Seaport Global reported on Kaiser Aluminum Corp. (NASDAQ:KALU) raised the target price from $0.00 to $100.00. At the time, this indicated a possible upside of 0.19%.
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Kaiser Aluminum Corp. has a 52 week low of $70.14 and a 52 week high of $96.06 with a P/E ratio of 16.99 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 8 brokers have issued a report on the stock. The consensus target price is $88.38 with 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Kaiser Aluminum Corp. (NASDAQ:KALU)
Kaiser Aluminum Corporation is engaged in the production of semi-fabricated specialty aluminum products. The Company manufactures aluminum plate and sheet, and extruded and drawn products, primarily used in aerospace/high strength, automotive, general engineering and other industrial end market applications. It operates in the Fabricated Products segment. The Company's Fabricated Products segment produces rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications. The Company operates over 10 focused production facilities in the United States and one in Canada. The Company serves end market applications, such as aerospace and high strength products (Aero/HS products), extrusions for automotive applications (Automotive Extrusions), general engineering products (GE products) and other industrial products (Other products).
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