Deutsche Bank Aktiengesellschaft Increases Aperam (OTCMKTS:APEMY) Price Target to €53.00

Aperam (OTCMKTS:APEMY – Get Rating) had its target price increased by stock analysts at Deutsche Bank Aktiengesellschaft from €52.00 ($56.52) to €53.00 ($57.61) in a research report issued on Thursday, The Fly reports. The firm currently has a “buy” rating on the stock.

APEMY has been the subject of several other reports. Morgan Stanley increased their price target on Aperam from €47.00 ($51.09) to €48.00 ($52.17) in a report on Friday, December 9th. JPMorgan Chase & Co. increased their price target on Aperam from €29.50 ($32.07) to €31.40 ($34.13) and gave the stock a “neutral” rating in a report on Wednesday, December 14th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $44.87.

Aperam Stock Up 2.8 %

Shares of Aperam stock opened at $38.10 on Thursday. Aperam has a 1 year low of $24.20 and a 1 year high of $61.15. The business has a 50-day moving average of $31.90 and a two-hundred day moving average of $28.90. The company has a market capitalization of $2.97 billion, a P/E ratio of 2.32 and a beta of 1.83. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.85 and a quick ratio of 0.66.

About Aperam

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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.