Allegheny Technologies Incorpor found using ticker (ATI) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 30 and 18 with the average target price sitting at 24.22. With the stocks previous close at 20.09 this is indicating there is a potential upside of 20.6%. There is a 50 day moving average of 16.31 and the 200 moving average now moves to 19.22. The market capitalisation for the company is $2,597m. Company Website: https://www.atimetals.com
The potential market cap would be $3,131m 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.
