Aperam (OTCMKTS:APEMY – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.
Other equities analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aperam in a research report on Friday, September 4th. BNP Paribas Exane cut Aperam from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Research Report on Aperam
Aperam Price Performance
About Aperam
Aperam SA is a Luxembourg-based producer of stainless, specialty and electrical steels. The company manufactures a broad range of flat and long steel products, including stainless steel coils, sheets, plates and bars, as well as specialty alloys and electrical steel used in industrial, energy, automotive, construction, consumer and other applications.
Aperam also provides processing, distribution and technical services through its Services and Solutions activities. Its Alloys and Specialties business develops nickel-based alloys and other high-performance materials for demanding uses, while its recycling operations support the collection and processing of stainless steel and other recyclable metals.
The company was established in 2011 following the spin-off of ArcelorMittal’s stainless steel activities.
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