Century Aluminum (CENX) Receives a Hold from Morgan Stanley

By Austin Angelo

In a report released today, Piyush Sood from Morgan Stanley maintained a Hold rating on Century Aluminum (CENXResearch Report), with a price target of $9. The company’s shares closed yesterday at $8.23, close to its 52-week low of $6.54.

According to TipRanks.com, Sood ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -15.5% and a 20.8% success rate. Sood covers the Basic Materials sector, focusing on stocks such as Schnitzer Steel Industries, Cleveland-Cliffs Inc, and United States Steel.

Century Aluminum has an analyst consensus of Moderate Buy, with a price target consensus of $12.50.

See today’s analyst top recommended stocks >>

The company has a one-year high of $20.19 and a one-year low of $6.54. Currently, Century Aluminum has an average volume of 1.48M.

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.