Allegheny Technologies orpor with ticker code (ATI) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 38 and 28 with a mean TP of 30.75. Now with the previous closing price of 26.08 this indicates there is a potential upside of 17.9%. The day 50 moving average is 22.83 while the 200 day moving average is 19.29. The market cap for the company is $3,444m. Find out more information at: https://www.atimetals.com
The potential market cap would be $4,060m based on the market concensus.
Allegheny Technologies orporated manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, luding titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts. The segment serves aerospace and defense, medical, and energy markets. The AA&S segment produces zirconium and related alloys, luding hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, luding carbon steel products, and titanium products. This segment offers its solutions to the energy, aerospace and defense, automotive, and electronics markets. Allegheny Technologies orporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.
