Equities Analysts Set Expectations for Voestalpine Ag’s FY2018 Earnings (VLPNY)
Voestalpine Ag (OTCMKTS:VLPNY) – Investment analysts at Jefferies Group increased their FY2018 EPS estimates for shares of Voestalpine in a research report issued on Tuesday. Jefferies Group analyst S. Rosenfeld now anticipates that the company will earn $1.02 per share for the year, up from their prior estimate of $1.00.
Separately, Zacks Investment Research raised shares of Voestalpine from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Thursday, October 26th.
Voestalpine (OTCMKTS:VLPNY) remained flat at $$12.29 during trading on Wednesday. Voestalpine has a 1 year low of $7.84 and a 1 year high of $12.32. The firm has a market capitalization of $10,830.00, a P/E ratio of 16.17 and a beta of 1.35.
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Voestalpine Company Profile
voestalpine AG processes, develops, and manufactures steel products worldwide. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces and processes hot and cold-rolled steel; electrogalvanized, hot-dip galvanized, and organically coated plates; electrical steel strips; and heavy plates, as well as turbine casings.
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