Deutsche Bank Aktiengesellschaft Raises Aperam (OTCMKTS:APEMY) Price Target to €68.00

Aperam (OTCMKTS:APEMY – Get Rating) had its price target lifted by stock analysts at Deutsche Bank Aktiengesellschaft from €67.00 ($70.53) to €68.00 ($71.58) in a research report issued on Tuesday, The Fly reports.

Several other analysts also recently weighed in on the company. Zacks Investment Research downgraded Aperam from a “hold” rating to a “sell” rating in a research report on Monday. Exane BNP Paribas downgraded Aperam from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 15th. Credit Suisse Group downgraded Aperam from an “outperform” rating to a “neutral” rating in a research report on Thursday, March 24th. JPMorgan Chase & Co. dropped their target price on Aperam from €57.00 ($60.00) to €55.00 ($57.89) and set a “neutral” rating for the company in a research report on Monday. Finally, Morgan Stanley dropped their target price on Aperam from €65.00 ($68.42) to €46.00 ($48.42) in a research report on Thursday, March 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $60.00.

Shares of OTCMKTS APEMY opened at $36.04 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.53 and a quick ratio of 0.95. The stock’s fifty day moving average price is $43.41 and its two-hundred day moving average price is $51.26. Aperam has a one year low of $35.10 and a one year high of $65.15. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 2.54 and a beta of 1.89.

Aperam (OTCMKTS:APEMY – Get Rating) last released its earnings results on Friday, February 11th. The company reported $6.34 earnings per share (EPS) for the quarter. Aperam had a return on equity of 35.07% and a net margin of 18.82%. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.75 billion. On average, equities analysts anticipate that Aperam will post 11.16 earnings per share for the current fiscal year.

Aperam Company Profile (Get Rating)

Aperam SA, together with its subsidiaries, engages in the production and sale of stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. The company offers range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.

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