Separately, Deutsche Bank set a $12.00 price target on Constellium and gave the company a buy rating in a report on Thursday, July 11th.
Shares of CSTM stock opened at $12.29 on Friday. Constellium has a 12 month low of $6.26 and a 12 month high of $14.16. The business’s 50 day moving average is $12.53 and its two-hundred day moving average is $10.46. The company has a market cap of $1.67 billion, a PE ratio of 17.31 and a beta of 1.70.
Institutional investors and hedge funds have recently bought and sold shares of the company. Signaturefd LLC bought a new stake in shares of Constellium in the second quarter valued at approximately $40,000. Tower Research Capital LLC TRC boosted its position in shares of Constellium by 124.1% in the second quarter. Tower Research Capital LLC TRC now owns 11,130 shares of the industrial products company’s stock valued at $112,000 after acquiring an additional 6,164 shares during the period. Private Advisor Group LLC bought a new stake in shares of Constellium in the second quarter valued at approximately $140,000. Paloma Partners Management Co bought a new stake in shares of Constellium in the second quarter valued at approximately $186,000. Finally, Capital Fund Management S.A. bought a new stake in shares of Constellium in the second quarter valued at approximately $193,000. 68.17% of the stock is owned by institutional investors.
Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.
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