tiprankstipranks
Blurbs

Arconic (ARNC) Gets a Buy Rating from Deutsche Bank

Deutsche Bank analyst Corinne Blanchard maintained a Buy rating on Arconic (ARNCResearch Report) on June 16 and set a price target of $34.00. The company’s shares closed last Friday at $26.46.

According to TipRanks.com, Blanchard is a 1-star analyst with an average return of -8.2% and a 30.0% success rate. Blanchard covers the Basic Materials sector, focusing on stocks such as Sociedad Quimica Y Minera SA, Lithium Americas, and Livent.

Arconic has an analyst consensus of Moderate Buy, with a price target consensus of $35.00.

See today’s best-performing stocks on TipRanks >>

Based on Arconic’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.19 billion and net profit of $42 million. In comparison, last year the company earned revenue of $1.68 billion and had a net profit of $52 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Arconic Corp is engaged in manufacturing of aluminum sheet, plate, extrusions, and architectural products, serving the ground transportation, aerospace, building and construction, industrial, and packaging end-markets. The firm’s operating segments include Rolled Products, Extrusions, and Building and Construction Systems (BCS). It generates a majority of its revenue from the Rolled Products segment.

Read More on ARNC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed