Alcoa (NYSE:AA) gets downgraded to Neutral by Bank of America


Analyst Ratings For Alcoa (NYSE:AA)

Today, Alcoa (NYSE:AA) stock was downgraded by Bank of America from Buy to Neutral.

There are 10 Buy Ratings, 4 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Alcoa (NYSE:AA) is Buy with a consensus target price of $49.3571 per share, a potential 72.94% upside.

Some recent analyst ratings include

  • 4/3/2019-Alcoa (NYSE:AA) gets downgraded to Neutral by Bank of America
  • 4/2/2019-Alcoa (NYSE:AA) gets downgraded to Neutral by Credit Suisse Group with a price target of $31.00

    About Alcoa (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 (NYSE:AA)
    Shares of Alcoa closed the previous trading session at 28,54 −0,92 3,12 % with 3838000 shares trading hands.