BMO Capital Maintains Their Hold Rating on Century Aluminum

By Ryan Adsit

BMO Capital analyst David Gagliano maintained a Hold rating on Century Aluminum (NASDAQ: CENX) today and set a price target of $16. The company’s shares opened today at $14.46.

According to TipRanks.com, Gagliano is a 2-star analyst with an average return of 0.4% and a 45.6% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Stillwater Mining Company.

Century Aluminum has an analyst consensus of Moderate Buy, with a price target consensus of $18.50.

Based on Century Aluminum’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $389 million and quarterly net profit of $6.56 million. In comparison, last year the company earned revenue of $334 million and had a GAAP net loss of $58.27 million.

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.

Century Aluminum Co. is a producer of aluminum and operates aluminum reduction facilities producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. Its products include standard ingots, T-ingot, extrusion billet, horizontal direct chill ingot, molten, slab, and sow.