Shares of Constellium NV (NYSE:CSTM) have been assigned an average recommendation of “Hold” from the ten brokerages that are covering the company. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $8.50.

Several brokerages have issued reports on CSTM. Deutsche Bank AG reissued a “buy” rating on shares of Constellium NV in a research note on Sunday, August 28th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $13.00 price target on shares of Constellium NV in a research note on Wednesday, August 3rd. Societe Generale lowered Constellium NV from a “hold” rating to a “sell” rating in a research note on Monday, September 5th. Finally, Seaport Global Securities initiated coverage on Constellium NV in a research report on Friday, September 9th. They set a “neutral” rating and a $8.00 target price on the stock.

Constellium NV (NYSE:CSTM) opened at 6.05 on Monday. The company’s market capitalization is $638.41 million. The firm’s 50-day moving average is $6.17 and its 200-day moving average is $5.68. Constellium NV has a 52-week low of $3.95 and a 52-week high of $9.94.

Large investors have recently added to or reduced their stakes in the stock. Wingspan Investment Management LP bought a new stake in Constellium NV during the second quarter worth approximately $7,014,000. D. E. Shaw & Co. Inc. raised its stake in Constellium NV by 28.6% in the third quarter. D. E. Shaw & Co. Inc. now owns 6,150,162 shares of the company’s stock worth $44,281,000 after buying an additional 1,366,325 shares during the last quarter. Concourse Capital Management LLC raised its stake in Constellium NV by 598.1% in the second quarter. Concourse Capital Management LLC now owns 794,203 shares of the company’s stock worth $3,725,000 after buying an additional 680,444 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in Constellium NV by 4.9% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 6,505,900 shares of the company’s stock worth $46,843,000 after buying an additional 302,500 shares during the last quarter. Finally, A.R.T. Advisors LLC bought a new stake in Constellium NV during the first quarter worth approximately $1,336,000. 63.59% of the stock is owned by institutional investors and hedge funds.

About Constellium NV

Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions. The Company is a supplier of such sectors as: aerospace, automotive and packaging. The Company offers plates, sheet and coil, precision casting, cockpit carriers for vehicles, vehicle safety components, profiles, as well as tubes and bars, among others.

5 Day Chart for NYSE:CSTM

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