Allegheny Technologies Incorporated (NYSE:ATI) has coverage initiated with a Buy rating

ME Staff
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Analyst Ratings For Allegheny Technologies Incorporated (NYSE:ATI)

Today, Berenberg Bank initiated coverage on Allegheny Technologies Incorporated (NYSE:ATI) with a Buy.

There are 8 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Allegheny Technologies Incorporated (NYSE:ATI) is Buy with a consensus target price of $34.25 per share, a potential 33.06% upside.

Some recent analyst ratings include

  • 12/6/2018-Allegheny Technologies Incorporated (NYSE:ATI) has coverage initiated with a Buy rating
  • 11/8/2018-Allegheny Technologies Incorporated (NYSE:ATI) had its Buy rating reiterated by Cowen with a $35.00 price target
  • 11/6/2018-Allegheny Technologies Incorporated (NYSE:ATI) gets upgraded to Buy by Longbow Research with a price target of $34.00
  • 10/24/2018-Allegheny Technologies Incorporated (NYSE:ATI) gets upgraded to Neutral by JPMorgan Chase & Co. with a price target of $28.00


  • On 10/15/2018 Karl D. Schwartz, VP, sold 1,000 with an average share price of $27.10 per share and the total transaction amounting to $27,100.00.
  • On 9/17/2018 Karl D. Schwartz, VP, sold 1,000 with an average share price of $26.79 per share and the total transaction amounting to $26,790.00.
  • On 8/15/2018 Karl D. Schwartz, VP, sold 1,000 with an average share price of $25.90 per share and the total transaction amounting to $25,900.00.
  • On 7/26/2018 James C Diggs, Director, sold 3,844 with an average share price of $29.15 per share and the total transaction amounting to $112,052.60.
  • On 7/16/2018 Karl D. Schwartz, VP, sold 1,000 with an average share price of $26.65 per share and the total transaction amounting to $26,650.00.
  • On 6/15/2018 Karl D. Schwartz, VP, sold 1,000 with an average share price of $27.34 per share and the total transaction amounting to $27,340.00.
  • On 4/26/2018 John D Sims, EVP, sold 30,000 with an average share price of $27.34 per share and the total transaction amounting to $820,200.00.

About Allegheny Technologies Incorporated (NYSE:ATI)
Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials & Components, and Flat-Rolled Products. The High Performance Materials & Components segment produces, converts, and distributes a range of high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts. This segment serves aerospace and defense, medical, oil and gas, and electrical energy markets. The Flat-Rolled Products segment provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, engineered strip, and Precision Rolled Strip products. This segment serves various markets, such as chemical and hydrocarbon processing, automotive, aerospace and defense, food processing equipment and appliances, construction and mining, electronics, communication equipment, and computers. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.

Recent Trading Activity for Allegheny Technologies Incorporated (NYSE:ATI)
Shares of Allegheny Technologies Incorporated closed the previous trading session at 25.74 −1.18 4.38% with 1196900 shares trading hands.