AK Steel Holding Corporation (NYSE:AKS) has coverage initiated with a Neutral rating

ME Staff
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Analyst Ratings For AK Steel Holding Corporation (NYSE:AKS)

Today, Seaport Global Securities initiated coverage on AK Steel Holding Corporation (NYSE:AKS) with a Neutral.

There are 6 Hold Ratings, 6 Buy Ratings, 2 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on AK Steel Holding Corporation (NYSE:AKS) is Hold with a consensus target price of $5.3542 per share, a potential 17.16% upside.

Some recent analyst ratings include

  • 10/11/2018-AK Steel Holding Corporation (NYSE:AKS) has coverage initiated with a Neutral rating
  • 9/11/2018-AK Steel Holding Corporation (NYSE:AKS) gets upgraded to Buy by Clarkson Capital
  • 9/7/2018-AK Steel Holding Corporation (NYSE:AKS) gets upgraded to Buy by Bank of America with a price target of $6.00
  • 7/9/2018-AK Steel Holding Corporation (NYSE:AKS) gets downgraded to Hold by Deutsche Bank with a price target of $5.00
  • 5/29/2018-AK Steel Holding Corporation (NYSE:AKS) gets downgraded to Sell by Goldman Sachs Group with a price target of $4.00
  • 5/1/2018-AK Steel Holding Corporation (NYSE:AKS) had its Market Perform ➝ Outperform rating reiterated by Credit Suisse Group with a $6.00 price target

Recent Insider Trading Activity For AK Steel Holding Corporation (NYSE:AKS)
AK Steel Holding Corporation (NYSE:AKS) has insider ownership of 1.13% and institutional ownership of 64.97%.

  • On 8/15/2018 Joseph C Alter, VP, bought 2,500 with an average share price of $4.10 per share and the total transaction amounting to $10,250.00.
  • On 8/15/2018 Roger K Newport, CEO, bought 10,000 with an average share price of $4.03 per share and the total transaction amounting to $40,300.00.
  • On 5/31/2018 William K. Gerber, Director, sold 12,000 with an average share price of $4.65 per share and the total transaction amounting to $55,800.00.
  • On 5/8/2018 James A. Thomson, Chairman, sold 10,270 with an average share price of $4.45 per share and the total transaction amounting to $45,701.50.
  • On 7/28/2016 Vicente Wright, Director, sold 27,000 with an average share price of $6.70 per share and the total transaction amounting to $180,900.00.
  • On 7/31/2015 Roger K Newport, CFO, bought 5,000 with an average share price of $3.12 per share and the total transaction amounting to $15,600.00.
  • On 2/10/2015 James A Thomson, Director, sold 6,500 with an average share price of $4.20 per share and the total transaction amounting to $27,300.00.

About AK Steel Holding Corporation (NYSE:AKS)
AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels, and tubular products in the United States and internationally. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; grain-oriented specialty stainless and electrical steels; and carbon and stainless steel tubing products. The company also buys and sells steel and steel products, as well as other materials; and produces metallurgical coal from reserves in Somerset County, Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers; customers in the infrastructure and manufacturing markets, including the manufacturers of power transmission and distribution transformers, who produce equipment for the electrical grid, as well as electrical motors and generators; and manufacturers of heating, ventilation and air conditioning equipment, and appliances. The company also sells its carbon steel products to distributors, service centers, and converters. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

Recent Trading Activity for AK Steel Holding Corporation (NYSE:AKS)
Shares of AK Steel Holding Corporation closed the previous trading session at 4,57 −0,23 4,79 % with 4.78 shares trading hands.