Credit Suisse (SIX:CSGN) analyst Curt Woodworth maintained a Buy rating on GrafTech International (NYSE:EAF) Ltd on Wednesday, setting a price target of $13, which is approximately 75.44% above the present share price of $7.41.
Woodworth expects GrafTech International Ltd to post earnings per share (EPS) of $0.45 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in GrafTech International, with an average price target of $10.5.
The analysts price targets range from a high of $13 to a low of $8.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $318.65 million and a net profit of $164.09 million. The company's market cap is $1.84 billion.
According to TipRanks.com, Credit Suisse analyst Curt Woodworth is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.1% and a 57.14% success rate.
GrafTech International Ltd. manufactures graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The firm also produces needle coke products which is a raw material to producing graphite electrodes. Its customers include steel producers and other ferrous and non-ferrous metal producers in Europe, the Middle East and Africa, the Americas and Asia-Pacific, which sell its products into the automotive, construction, appliance, machinery, equipment and transportation industries. The company was founded in 1886 and is headquartered in Independence, OH.