Northland Securities analyst Gus Richard maintained a Buy rating on Constellium (NYSE:CSTM) on Wednesday, setting a price target of $13, which is approximately 32.65% above the present share price of $9.8.
Richard expects Constellium to post earnings per share (EPS) of -$0.24 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Constellium, with an average price target of $16.
The analysts price targets range from a high of $19 to a low of $13.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.03 billion and a net profit of $5 million. The company's market cap is $1.38 billion.
According to TipRanks.com, Northland Securities analyst Gus Richard is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.4% and a 69.61% success rate.
Constellium SE operates as a holding company with interest in the design and manufacture of a range of specialty rolled, and extruded aluminum products, serving primarily the aerospace, packaging and automotive end-markets. The company operates through the following segments: Packaging (NYSE:PKG) & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. The Packaging & Automotive Rolled Products segment includes the production of rolled aluminum products. The Aerospace & Transportation segment includes the production of rolled and extruded aluminum products for the aerospace market, as well as rolled products for transport and industry end-uses. The Automotive Structures & Industry segment includes crash-management systems, body structures and side impact beams in Germany, North America and China. The company was founded on May 14, 2010 and is headquartered in Paris, France.