Allegheny Technologies Incorpor – Consensus Indicates Potential 13.5% Upside

Broker Ratings
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Allegheny Technologies Incorpor with ticker code (ATI) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 30 and 22 with the average target price sitting at 25.5. With the stocks previous close at 22.46 this now indicates there is a potential upside of 13.5%. The 50 day moving average now sits at 17.19 and the 200 day moving average is 19.07. The company has a market cap of $2,890m. You can visit the company’s website by visiting: https://www.atimetals.com

The potential market cap would be $3,281m based on the market concensus.

Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High Performance Materials & Components and Advanced Alloys & Solutions. The company produces high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts to the aerospace and defense, medical, oil and gas, and electrical energy markets. It also provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, and precision rolled strip products to various markets, such as chemical and hydrocarbon processing,. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.

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