Constellium (NYSE:CSTM) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Constellium (NYSE:CSTM) from a hold rating to a buy rating in a report issued on Tuesday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has $15.00 target price on the industrial products company’s stock.

Constellium Stock Performance

NYSE CSTM opened at $11.57 on Tuesday. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28. The stock’s fifty day moving average is $10.22 and its two-hundred day moving average is $12.68. The firm has a market capitalization of $1.70 billion, a P/E ratio of 36.14 and a beta of 1.68. Constellium has a fifty-two week low of $9.04 and a fifty-two week high of $23.20.

Constellium (NYSE:CSTM) last announced its quarterly earnings data on Thursday, February 20th. The industrial products company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.47). Constellium had a net margin of 0.67% and a return on equity of 4.83%. The firm had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.69 billion. On average, research analysts anticipate that Constellium will post 1.1 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. raised its position in Constellium by 26.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,828,738 shares of the industrial products company’s stock valued at $203,642,000 after purchasing an additional 4,181,823 shares during the period. FMR LLC raised its holdings in Constellium by 3.4% in the 3rd quarter. FMR LLC now owns 14,681,988 shares of the industrial products company’s stock valued at $238,729,000 after buying an additional 484,011 shares during the period. Mountaineer Partners Management LLC raised its holdings in Constellium by 1,683.0% in the 3rd quarter. Mountaineer Partners Management LLC now owns 8,928,919 shares of the industrial products company’s stock valued at $145,184,000 after buying an additional 8,428,150 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of Constellium by 4.8% in the 4th quarter. Janus Henderson Group PLC now owns 6,445,290 shares of the industrial products company’s stock worth $66,193,000 after acquiring an additional 292,335 shares during the last quarter. Finally, Westwood Holdings Group Inc. lifted its stake in Constellium by 6.1% during the fourth quarter. Westwood Holdings Group Inc. now owns 5,810,189 shares of the industrial products company’s stock worth $59,671,000 after purchasing an additional 334,639 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

About Constellium

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of rolled and extruded aluminum products for the packaging, aerospace, automotive, defense, and other transportation and industry end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.