Alcoa Corporation (AA) Hits a 52-Week High

Alcoa Corp has an average rating of "Buy" and an average target price of $43.44. They gave a "neutral" recommendation and a $42.00 PT on the shares. around three Brokerage firms have recommended the share with a hold recommendation, sixteen have issued a buy recommendation and 1 has given a strong buy recommendation to the firms shares. Deutsche Bank AG reissued a "hold" rating and issued a $44.00 price target on shares of Alcoa a research report on Wednesday, August 9th. Citigroup Inc. restated a "buy" rating and issued a $45.00 target price on shares of Alcoa Corp in a report on Saturday, July 22nd.

On September 12 the company was upgraded to "Buy" from "Sell" with a current price target of $60.00 in an announcement from Deutsche Bank. The stock has a average recommendation of "Buy" and a consensus price objective of $40.07.

The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. Company shares are trading at $46.20 a bit higher than $44.87, the 50 day moving average and a tad above the 200 day moving average of $44.87. Shares saw a steep decrease in trading volume of 98.87% under the normal average daily volume. Alcoa Corp. The company has a market capitalization of $8.53 billion and a PE ratio of 52.62. Company's 50 day SMA price is $44.87 and its 200 SMA price is $44.87. Alcoa Corp had a net margin of 1.63% and a return on equity of 3.29%. The value of the investment in AA went from $1,081,000 to $3,491,000 a change of $2,410,000 since the last quarter. The industrial products company reported $0.62 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.02. Alcoa Corp. The firm had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.88 billion. For the same quarter from the prior fiscal year, company earned $0.15 Earnings Per Share. on consensus, financial stock experts expect that Alcoa to post $2.92 EPS for the present financial year. Alcoa Corp.'s revenue was up 23.1% compared to the same quarter a year ago.


A few notable investment firms have updated their holdings. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US & global trademark & copyright legislation. The original version of this article can be accessed at

A number of other hedge funds have also added to or reduced their stakes in AA. Vanguard Group Inc. lifted its holdings in shares of Alcoa 14.5% in the 2nd quarter. Van ECK Associates Corp now owns 5,566 shares of the industrial products company's stock worth $191,000 after purchasing an additional 1,654 shares in the last quarter. Public Employees Retirement System of OH lifted its stake in Alcoa Corp by 26.7% during the 2nd quarter. 1,488,680 shares of the company's stock traded hands. LLC now owns 5,803 shares of the industrial products company's stock worth $189,000 after buying an additional 3,993 shares during the last quarter. Cibc World Markets Inc. now owns 140,777 shares worth $4,596,000. California State Teachers Retirement System lifted its stake in Alcoa Corp by 13.7% during the 2nd quarter. BlackRock Inc. now owns 7,779,093 shares of the industrial products company's stock valued at $253,986,000 after acquiring an additional 958,494 shares during the last quarter.

The share price of Alcoa Inc. Pacer Advisors Inc. now owns 4,140 shares of the industrial products company's stock worth $142,000 after buying an additional 132 shares during the last quarter.

Aluminum Corporation of China Limited is an aluminum producer with activities in bauxite and coal mining, alumina refining and primary aluminum smelting.

Like this



11 April 2018
England All-rounder David Willey Replaces Kedar Jadhav
He has two centuries and seven half centuries to his name, which have come while playing in various T20 leagues across the world. With an experience of more than 140 T20 matches, David will prove out to be the Trump Card of Chennai Super Kings this season.

23 September 2017
Microsoft Xbox One S launched in India, prices start at Rs….
The Xbox One S is an incredible device, packing in all that you need for a complete gaming and entertainment experience. The Xbox One S is now 40 percent smaller than the original Xbox One as the console sports a sleek, slim design.

22 September 2017
Cash Me Ousside teen drops 2 new singles-and they're straight fire
Also known as Danielle Bregoli , the 14-year-old recently signed a multi-million-dollar deal with Atlantic Records . Those lyrics prelude to a part later in the video where she rides in a white Porsche wearing a white, lace dress.

22 September 2017
Wall Street Stock Recommendations: Campbell Soup Company (CPB), Duke Energy Corporation (DUK)
For CPB , the company now has $319 Million of cash on the books, which is offset by $1.04 Billion current liabilities. Since March 29, 2017, it had 1 buying transaction, and 0 selling transactions for $52.51 million activity.

22 September 2017
Find and watch movies with 4K, HDR, or Dolby Vision
Last month, it was reported that Apple and movie studios weren't seeing eye-to-eye when it comes to pricing 4K movies on iTunes . The Apple TV's Siri Remote looks nearly exactly the same as its predecessor, but its menu button has a raised white ring.

22 September 2017
The UAE Has Donated A Whopping AED36 MILLION To Hurricane Irma Relief
According to a news release, this was one of the largest power outages and the largest power restoration effort in USA history. Lee County was at 1 percent, or 3,452 homes and businesses.

22 September 2017
Amicus Therapeutics, Inc. (FOLD), Ironwood Pharmaceuticals, Inc. (IRWD)
You can get a sense of how sustainable that is by a levered free cash flow of $-168.26 Million over the past twelve months. The consensus rating is 1.5, indicating analysts in general look favorably on the company's future prospects.

22 September 2017
Brokers Change Their Target Price On Red Hat, Inc. (NYSE:RHT)
The Maryland-based Chevy Chase has invested 0.12% in SunTrust Banks, Inc. 1St Global Advisors invested in 0.28% or 31,747 shares. After $0.40 actual EPS reported by Red Hat Inc for the previous quarter, Wall Street now forecasts 17.50 % EPS growth.

22 September 2017
Up-to-date Analyst's Assessments: Air Products and Chemicals, Inc. (APD), Finisar Corporation (FNSR)
The consensus analyst target price is $159.56. ( APD ) now the company's industry has 12.4 P/E and the sector P/E is 16.25. On average, equities analysts forecast that Air Products and Chemicals, Inc . will post $6.23 EPS for the current year.

15 September 2017
ShangriLa is online casino with guarantee of won money pay outs
Shangri La proposes games for any taste A large selection of slot games allows anyone to choose a game for any discerning taste. This is the best place to spend your free time with pleasure, stress relief, relax and forget about the daily problems.