Aperam S.A. (OTCMKTS:APEMY) Receives Consensus Rating of “Moderate Buy” from Analysts

Aperam S.A. (OTCMKTS:APEMY – Get Rating) has received a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $60.00.

A number of equities research analysts have weighed in on the company. Credit Suisse Group downgraded Aperam from an “outperform” rating to a “neutral” rating in a report on Thursday, March 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on Aperam from €67.00 ($70.53) to €68.00 ($71.58) in a report on Tuesday, May 10th. Exane BNP Paribas downgraded Aperam from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 15th. JPMorgan Chase & Co. reduced their target price on Aperam from €57.00 ($60.00) to €55.00 ($57.89) and set a “neutral” rating on the stock in a report on Monday, May 9th. Finally, Morgan Stanley raised Aperam from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 31st.

OTCMKTS APEMY opened at $32.52 on Thursday. The company has a current ratio of 3.53, a quick ratio of 0.95 and a debt-to-equity ratio of 0.24. The stock’s 50 day moving average is $37.92 and its two-hundred day moving average is $47.58. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 2.29 and a beta of 1.89. Aperam has a 1-year low of $32.52 and a 1-year high of $65.15.

The firm also recently declared a dividend, which was paid on Friday, June 10th. Stockholders of record on Monday, May 16th were given a $0.4804 dividend. This represents a dividend yield of 4.94%. The ex-dividend date was Friday, May 13th. Aperam’s dividend payout ratio (DPR) is currently 12.62%.

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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