JPMorgan 20150331 Price Target Cut

3/31/2015 CenturyAluminumPriceTargetCutto$8.00(CENX)AmericanBankingNews

http://www.americanbankingnews.com/2015/03/31/centuryaluminumpricetargetcutto800cenx/ 1/3

0 Tweet 1 SignUptoseewhatyourfriendslike.Like

HomeGetEmailUpdatesAboutDisclaimerContactPrivacyPolicy

Search

BusinessNewsU.S.NewsWorldNewsStockRatings

Analysts'UpgradesAnalysts'DowngradesAnalysts'EPSEstimatesAnalysts'PriceTargetsAnalysts'NewCoverage

CorporateEarningsEarningsResultsEarningsGuidanceEarningsPreviews

DividendsInsiderTradesOptionsPressReleases

CenturyAluminumPriceTargetCutto$8.00(CENX)March31st,20150commentsFiledUnderbyABMNStaff

JPMorganChase&Co.reducedtheirpricetargetonsharesofCenturyAluminum(NASDAQ:CENX)from$14.00to$8.00inaresearchnoteissuedonTuesday.Thefirmcurrentlyhasanunderweightratingonthestock.JPMorganChase&Co.spriceobjectivepointstoapotentialdownsideof44.98%fromthecompanyscurrentprice.

SharesofCenturyAluminum(NASDAQ:CENX)tradeddown4.88%onTuesday,hitting$13.83.2,124,376sharesofthecompanysstocktradedhands.CenturyAluminumhasa1yearlowof$12.63anda1yearhighof$31.75.Thestocks50daymovingaverageis$17.andits200daymovingaverageis$23..Thecompanyhasamarketcapof$1.23billionandapricetoearningsratioof12.03.

CenturyAluminum(NASDAQ:CENX)lastreleaseditsearningsdataonTuesday,February24th.Thecompanyreported$0.64EPSforthequarter,meetingtheThomsonReutersconsensusestimateof$0.64.Thecompanyhadrevenueof$551.20millionforthequarter,comparedtotheconsensusestimateof$512.05million.AnalystsexpectthatCenturyAluminumwillpost$1.99EPSforthecurrentfiscalyear.

http://www.americanbankingnews.com/about/http://www.americanbankingnews.com/category/dividend-announcements/http://www.americanbankingnews.com/category/video-u-s/http://www.americanbankingnews.com/category/options-articles/https://stocktwits.com/widgets/share?via=AnalystRatingsNetwork&body=Century+Aluminum+Price+Target+Cut+to+%248.00+%24CENXhttp://www.americanbankingnews.com/daily-email-updates/http://www.americanbankingnews.com/contact/http://www.americanbankingnews.com/category/video-business/http://www.americanbankingnews.com/privacy/http://www.americanbankingnews.com/category/press-releases/http://www.americanbankingnews.com/http://www.americanbankingnews.com/category/analysts-downgrades/http://www.americanbankingnews.com/category/earnings-results/http://www.americanbankingnews.com/category/earnings-previews/http://www.americanbankingnews.com/category/insider-trades/http://www.americanbankingnews.com/http://www.americanbankingnews.com/category/video-world/http://www.americanbankingnews.com/privacy-policy/http://www.americanbankingnews.com/category/analysts-upgrades/http://www.americanbankingnews.com/category/analysts-new-coverage/http://www.americanbankingnews.com/category/earnings-guidance/http://www.americanbankingnews.com/category/earnings-results/http://www.americanbankingnews.com/author/Matt/http://www.americanbankingnews.com/category/analysts-price-targets/http://www.americanbankingnews.com/category/market-news/http://www.americanbankingnews.com/category/analysts-eps-estimates/http://www.analystratings.net/stocks/NASDAQ/CENX/



Advertisement Advertisement

Severalotheranalystshavealsorecentlycommentedonthestock.AnalystsatMorganStanleydowngradedsharesofCenturyAluminumfromanequalweightratingtoanunderweightratingandloweredtheirpricetargetforthestockfrom$18.00to$12.00inaresearchnoteonTuesday,March24th.AnalystsatStandpointResearchupgradedsharesofCenturyAluminumfromaholdratingtoabuyratinginaresearchnoteonWednesday,March18th.AnalystsatDeutscheBankreiteratedabuyratingandseta$27.00pricetarget(downpreviouslyfrom$32.00)onsharesofCenturyAluminuminaresearchnoteonThursday,March5th.Finally,analystsatBankofAmericadowngradedsharesofCenturyAluminumfromabuyratingtoaneutralratingandloweredtheirpricetargetforthestockfrom$39.00to$23.00inaresearchnoteonWednesday,March4th.Twoequitiesresearchanalystshaveratedthestockwithasellrating,threehaveassignedaholdratingandsixhaveassignedabuyratingtothestock.CenturyAluminumhasanaverageratingofHoldandanaveragetargetpriceof$21.39.

CenturyAluminumCompany(NASDAQ:CENX)isaholdingcompanyengagedintheproductionofprimaryaluminum.CenturysprimaryaluminumfacilitiesincludeGrundartangi,Iceland(Grundartangi)withcapacityof294,000tonsperyear(tpy)Hawesville,Kentucky,(Hawesville)withcapacityof250,000tpyRobards,Kentucky(Sabree)withacapacityof205,000tpyMt.

ReceiveNews&RatingsforCenturyAluminumDailyEnteryouremailaddressbelowtoreceiveaconcisedailysummaryofthelatestnewsandanalysts'ratingsforCenturyAluminumandrelatedcompanieswithAnalystRatingsNetwork'sFREEdailyemailnewsletter.

YourEmailAddress SignUpNow(Free)

LeaveaReply

Name(required)

Mail(willnotbepublished)(required)

Website

SubmitComment

CenturyAluminumGetNews&RatingsDaily

Enteryouremailaddressbelowtogetthelatestnewsandanalysts'ratingsforCenturyAluminumwithourFREEdailyemailnewsletter:YourEmailAddress SignUpNow(Free)

http://www.americanbankingnews.com/daily-email-updates-basic/?symbol=NASDAQ:CENXhttp://www.analystratings.net/stocks/NASDAQ/CENX/



SubscribetotheRSSFeedSubscribetoFeedViaEmail

WhatisRSS?

RelatedPosts

CenturyAluminumPriceTargetCutto$8.00(CENX)ShortInterestinCenturyAluminumRisesBy68.5%(CENX)CenturyAluminumCuttoUnderweightatMorganStanley(CENX)CenturyAluminum(CENX)InvestmentAnalystsWeeklyRatingsChangesCenturyAluminumUpgradedatStandpointResearch(CENX)CenturyAluminumRatingReiteratedbyDeutscheBank(CENX)SubscribeMostCommentedArchives

Subscribe

MostCommented

Archives

MonthlyArchives

CopyrightAmericanBankingandMarketNews20062015.Allrightsreserved.PrivacyPolicyandDisclosures|About|Advertising|ContactContentonthiswebsiteisnotmeanttobearecommendationoranoffertobuyorsellanysecurity.Clickheretoread

ourfulldisclaimer.

http://feeds.feedburner.com/AmericanBankingNewshttp://www.americanbankingnews.com/2015/03/27/short-interest-in-century-aluminum-rises-by-68-5-cenx/http://www.americanbankingnews.com/2015/03/18/century-aluminum-upgraded-at-standpoint-research-cenx/http://www.americanbankingnews.com/privacy/http://www.problogger.net/what-is-rss/http://feeds2.feedburner.com/AmericanBankingNewsjavascript:void(null);http://feedburner.google.com/fb/a/mailverify?uri=AmericanBankingNewshttp://www.americanbankingnews.com/2015/03/24/century-aluminum-cut-to-underweight-at-morgan-stanley-cenx/javascript:void(null);http://www.americanbankingnews.com/about/http://www.americanbankingnews.com/2015/03/20/century-aluminum-cenx-investment-analysts-weekly-ratings-changes/http://www.americanbankingnews.com/2015/03/05/century-aluminum-given-new-27-00-price-target-at-deutsche-bank-cenx/http://www.americanbankingnews.com/2015/03/31/century-aluminum-price-target-cut-to-8-00-cenx/http://www.americanbankingnews.com/advertising/http://www.americanbankingnews.com/contact/http://twittercounter.com/AmericanBanking?utm_source=referring%2Bsites&utm_medium=organic%2Blinks&utm_campaign=twittercounter%2Bbuttonjavascript:void(null);http://www.americanbankingnews.com/privacy/

Documents

JPMorgan 20150331 Price Target Cut