Jefferies analyst Tommaso Castello initiated coverage of Aperam with a Buy rating and EUR 35 price target. With earnings close to trough and projected EBITDA improvements off the lows into 2025, investors “can benefit from a cheap valuation,” solid balance sheet and smart capital allocation, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APEMY: