Alcoa Corp (NYSE:AA) gets downgraded to Neutral by Credit Suisse Group with a price target of $31.00

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Analyst Ratings For Alcoa Corp (NYSE:AA)

Today, Alcoa Corp (NYSE:AA) stock was downgraded by Credit Suisse Group from Outperform to Neutral with a price target of $31.00.

There are 11 Buy Ratings, 3 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Alcoa Corp (NYSE:AA) is Buy with a consensus target price of $51.4286 per share, a potential 80.83% upside.

Some recent analyst ratings include

  • 4/2/2019-Alcoa Corp (NYSE:AA) gets downgraded to Neutral by Credit Suisse Group with a price target of $31.00
  • 1/14/2019-Alcoa Corp (NYSE:AA) gets upgraded to Buy by Goldman Sachs Group with a price target of $38.00
  • 12/20/2018-Alcoa Corp (NYSE:AA) had its Buy ➝ Buy rating reiterated by B. Riley with a $49.00 price target

    About Alcoa Corp (NYSE:AA)
    Alcoa Corporation produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. The company operates through Bauxite, Alumina, and Aluminum segments. It engages in bauxite mining operations; and processes bauxite into alumina and sells bauxite to customers who process it into industrial chemical products. The company is also involved in the aluminum smelting, casting, and rolling businesses; and the production of aluminum sheets primarily sold directly to customers in the packaging end market for the production of aluminum cans. In addition, it owns generation and transmission assets that produce and sell electric energy and ancillary services in the United States and Brazilian wholesale energy markets. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.

    Recent Trading Activity for Alcoa Corp (NYSE:AA)
    Shares of Alcoa Corp closed the previous trading session at 28.53 −0.93 3.16% with 29.28 shares trading hands.