Arconic Inc (NYSE:ARNC) had its Hold rating reiterated by Cowen with a $15.00 price target

ME Staff
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Analyst Ratings For Arconic Inc (NYSE:ARNC)

Today, Cowen reiterated its Hold rating on Arconic Inc (NYSE:ARNC) with a price target of $15.00.

There are 7 Buy Ratings, 5 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Arconic Inc (NYSE:ARNC) is Buy with a consensus target price of $25.4545 per share, a potential 18.95% upside.

Some recent analyst ratings include

  • 7/31/2018-Cowen Reiterated Rating of Hold.
  • 7/18/2018-Seaport Global Securities Reiterated Rating of Buy.
  • 7/16/2018-Jefferies Financial Group initiated coverage with a Buy rating.
  • 5/31/2018-Argus was Downgraded by analysts at Argus from a “Buy ” rating to a ” Hold” rating. They now have a N/A price target on the stock.
  • 5/13/2018-Barclays Reiterated Rating of Hold.
  • 5/9/2018-Longbow Research Upgrade from a “Neutral ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Arconic Inc (NYSE:ARNC)
Arconic Inc (NYSE:ARNC) has insider ownership of 0.17% and institutional ownership of 83.60%.

  • On 5/15/2018 International L.P. Elliott, Major Shareholder, bought 544,000 with an average share price of $17.96 per share and the total transaction amounting to $9,770,240.00.
  • On 5/3/2018 Ulrich Schmidt, Director, bought 2,000 with an average share price of $16.75 per share and the total transaction amounting to $33,500.00.
  • On 2/8/2018 David P Hess, Director, bought 40,300 with an average share price of $24.80 per share and the total transaction amounting to $999,440.00.
  • On 8/15/2017 Patricia F Russo, Director, bought 15,000 with an average share price of $24.57 per share and the total transaction amounting to $368,550.00.
  • On 8/10/2017 Elmer L Doty, Director, bought 6,000 with an average share price of $24.51 per share and the total transaction amounting to $147,060.00.
  • On 8/9/2017 James F Albaugh, Director, bought 5,000 with an average share price of $24.94 per share and the total transaction amounting to $124,700.00.
  • On 5/30/2017 Patrice E Merrin, Director, bought 10,000 with an average share price of $27.17 per share and the total transaction amounting to $271,700.00.

About Arconic Inc (NYSE:ARNC)
Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. It operates through three segments: Engineered Products and Solutions, Global Rolled Products, and Transportation and Construction Solutions. The Engineered Products and Solutions produces and sells fastening systems and seamless rolled rings; investment castings, including airfoils and forged jet engine components; and extruded, machined, and formed aircraft parts, as well as various forged, extruded, and machined metal products. This segment serves commercial and defense aerospace, commercial transportation, and power generation end markets. The Global Rolled Products segment produces and sells aluminum sheets and plates; and aseptic foils. This segment serves commercial and defense aerospace, commercial transportation, and power generation end markets. The Transportation and Construction Solutions segment produces and sells integrated aluminum structural systems, architectural extrusions, and forged aluminum commercial vehicle wheels, as well as aluminum products for the industrial products end market. This segment serves nonresidential building and construction, and commercial transportation end markets. The company sells its products directly to customers and through distributors. Arconic Inc. was founded in 2016 and is based in New York, New York.

Recent Trading Activity for Arconic Inc (NYSE:ARNC)
Shares of Arconic Inc closed the previous trading session at 21,40 +0,55 2,64 % with shares trading hands.