Alcoa Corporation (NYSE:AA) Rating Changes as of May 16, 2018

May 16, 2018 - By Matthew Richard

Alcoa Corporation (NYSE:AA) Corporate Logo
During Q4 2017 the big money sentiment decreased to 0.67. That’s change of 0.83, from 2017Q3’s 1.5. 1 investors sold all, 2 reduced holdings as Alcoa Corporation ratio turned negative. 0 grew stakes while 2 funds took stakes. Funds hold 644,941 shares thus 68.89% more from 2017Q3’s 381,871 shares.
Gemmer Asset Lc owns 42 shs. Focused Wealth Mngmt, New York-based fund reported 29 shs. Vantage Investment Advsrs Lc holds 347 shs. Greenwich Wealth Mgmt Limited Co holds 3,863 shs or 0.03% of its capital. Cypress Cap Mgmt Ltd (Wy) holds 0.04% in Alcoa Corporation (NYSE:AA) or 660 shs. Carmignac Gestion holds 0.12% or 340,000 shs in its capital. Cibc Ww Mkts invested 0.12% of its capital in Alcoa Corporation (NYSE:AA).

Alcoa Corporation registered $1.03 million net activity with 2 buys and 0 insider sales since February 8, 2018. 2,000 shs were bought by SCHMIDT ULRICH, worth $33,500 on Thursday, May 3.

Alcoa Corporation (NYSE:AA) Ratings Coverage

In total 12 analysts cover Alcoa Inc (NYSE:AA). “Buy” rating has 9, “Sell” are 0, while 3 are “Hold”. (NYSE:AA) has 75% bullish analysts. 20 are the (NYSE:AA)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Wednesday, January 17 BMO Capital Markets maintained Alcoa Corporation (NYSE:AA) with “Buy” rating. On Thursday, April 19 Bank of America maintained Alcoa Corporation (NYSE:AA) rating. Bank of America has “Buy” rating and $69 target. On Thursday, April 19 Cowen & Co maintained the shares of AA in report with “Hold” rating. On Tuesday, December 19 Morgan Stanley maintained Alcoa Corporation (NYSE:AA) rating. Morgan Stanley has “Buy” rating and $55.0 target. On Tuesday, April 24 the stock of Alcoa Corporation (NYSE:AA) has “Hold” rating given by Citigroup. On Thursday, January 18 Bank of America maintained Alcoa Corporation (NYSE:AA) rating. Bank of America has “Buy” rating and $63.0 target. On Monday, February 5 the rating was maintained by J.P. Morgan with “Buy”. On Monday, April 9 the stock has “Buy” rating by Citigroup. On Thursday, January 18 the firm has “Buy” rating by CFRA given. On Friday, April 20 the firm has “Buy” rating by Argus Research given. Listed here are Alcoa Corporation (NYSE:AA) PTs and latest ratings.

02/05/2018 Broker: Jefferies Rating: Buy New Target: $65 Initiates Coverage On
24/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $55 New Target: $60 Maintain
24/04/2018 Broker: Citigroup Rating: Hold New Target: $57.0000 Downgrade
20/04/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $59 New Target: $69 Maintain
19/04/2018 Broker: Cowen & Co Rating: Hold New Target: $67.0000 Maintain
19/04/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $64 New Target: $69 Maintain
19/04/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $63 New Target: $80 Maintain
19/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $61 New Target: $71 Maintain
09/04/2018 Broker: Cowen & Co Rating: Hold New Target: $51.0000 Maintain
09/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $65 New Target: $57 Maintain

Ticker’s shares touched $50.17 during the last trading session after 0.73% change.Alcoa Corporation has volume of 4.32M shares. Since May 16, 2017 AA has risen 38.28% and is uptrending. The stock outperformed the S&P500 by 26.73%.

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.The company has $9.35 billion market cap. It operates through six divisions, Bauxite, Alumina, Aluminum, Cast Products, Energy, and Rolled Products.43.25 is the P/E ratio. The firm also offers aluminum cast products; and aluminum sheets for the production of cans for beverage, food, and pet food.

More recent Alcoa Corporation (NYSE:AA) news were posted by Seekingalpha.com, Streetinsider.com and Benzinga.com. The first one has “Why Alcoa Will Struggle To Maintain Momentum” as a title and was posted on May 14, 2018. The next is “Alcoa (AA) Plans Debt Offering” on May 14, 2018. And last was posted on May 11, 2018, called “TD Ameritrade Data Shows Retail Investors Are Becoming More Picky About Their Stocks”.

Alcoa Corporation (NYSE:AA) Analyst Ratings Chart

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