Alcoa PT receives Investment Bank Analyst Rating Update
By Davit Kirakosyan The Charles Schwab Corp (NYSE:SCHW) shares plunged 6% today after BofA Securities downgraded the company to Underperform from Buy and cut its price target to...
By Sam Boughedda Alcoa (NYSE:AA) shares declined 4% Thursday after the aluminum firm missed profit expectations when it reported its fourth quarter earnings after the close on...
The rollercoaster ride on the stock markets continued in the second trading week of the notorious crash month of October. After stronger than expected inflation data from the US,...
Alcoa Corporation is a trading company. The Company is engaged in the production of bauxite, alumina and aluminum products. The Company’s operations consist of three reportable business segments: Bauxite, Alumina, and Aluminum. The Bauxite and Alumina segments primarily consist of a series of affiliated operating entities held in Alcoa World Alumina and Chemicals (AWAC), which is a joint venture between Alcoa Corporation and Alumina Limited. The Aluminum segment consists of the Company’s aluminum smelting, casting, and rolling businesses, along with the energy production business. Its Bauxite segment consists of the Company’s global bauxite mining operations. The Company’s Alumina segment consists of the Company’s worldwide refining system, which processes bauxite into alumina. The Aluminum segment consists of its worldwide smelting and cast house system, a portfolio of energy assets in Brazil, Canada, and the United States. It has over 28 operating locations across nine countries.
|Average||53.90 (+2.18% Upside)|
|No. of Analysts||10|