BMO Capital Markets set a $9.00 price target on Constellium N.V. (NYSE:CSTM) in a research note published on Friday morning. The brokerage currently has a hold rating on the industrial products company’s stock.

Several other brokerages also recently commented on CSTM. Seaport Global Securities downgraded Constellium N.V. from a buy rating to a neutral rating and raised their price objective for the stock from $8.00 to $9.00 in a research note on Friday. BidaskClub downgraded Constellium N.V. from a buy rating to a hold rating in a research note on Tuesday, July 25th. Finally, Cowen and Company set a $6.00 price target on Constellium N.V. and gave the company a hold rating in a research note on Thursday, July 27th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of $9.83.

Shares of Constellium N.V. (CSTM) opened at 8.80 on Friday. The stock has a 50 day moving average price of $7.48 and a 200-day moving average price of $7.01. Constellium N.V. has a 1-year low of $4.85 and a 1-year high of $8.90. The company has a market cap of $938.66 million, a P/E ratio of 33.85 and a beta of 0.71.

Constellium N.V. (NYSE:CSTM) last announced its quarterly earnings data on Thursday, July 27th. The industrial products company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by $0.08. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.43 billion. Constellium N.V. had a net margin of 0.48% and a negative return on equity of 4.31%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.08 earnings per share. Analysts predict that Constellium N.V. will post $0.65 earnings per share for the current fiscal year.

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Several large investors have recently added to or reduced their stakes in CSTM. Motley Fool Wealth Management LLC increased its stake in Constellium N.V. by 3.8% in the first quarter. Motley Fool Wealth Management LLC now owns 408,834 shares of the industrial products company’s stock worth $2,657,000 after buying an additional 15,128 shares during the last quarter. ClariVest Asset Management LLC increased its stake in Constellium N.V. by 12.4% in the first quarter. ClariVest Asset Management LLC now owns 16,323 shares of the industrial products company’s stock worth $106,000 after buying an additional 1,800 shares during the last quarter. Robecosam AG increased its stake in Constellium N.V. by 48.6% in the first quarter. Robecosam AG now owns 1,100,000 shares of the industrial products company’s stock worth $7,260,000 after buying an additional 360,000 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Constellium N.V. by 6.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 111,740 shares of the industrial products company’s stock worth $726,000 after buying an additional 7,145 shares during the last quarter. Finally, Oxford Asset Management acquired a new stake in Constellium N.V. during the first quarter worth $463,000. Institutional investors own 60.46% of the company’s stock.

Constellium N.V. Company Profile

Constellium N.V. is a Netherlands-based company engaged in developing aluminum products for a range of markets and applications, including aerospace, automotive and packaging. The Company’s manufacturing facilities are located in the United States, Europe and China. It operates through three segments: Packaging & Automotive Rolled Product; Aerospace & Transportation, and Automotive Structures & Industry.

Analyst Recommendations for Constellium N.V. (NYSE:CSTM)

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