{
}
UBS has lowered its price target on Alcoa Corporation from $47 to $32 while maintaining a Buy rating. Alcoa operates as a vertically integrated aluminum company, involved in bauxite mining, alumina refining, aluminum production, and energy generation, with significant operations in Brazil, Canada, and the U.S.
UBS has lowered its price target on Alcoa Corporation to $31 from $32 while maintaining a Buy rating. Alcoa is a vertically integrated aluminum company involved in bauxite mining, alumina refining, aluminum production, and energy generation, with operations spanning multiple countries. Its segments include alumina refining and aluminum smelting, serving both internal and external customers.
Alcoa Corporation operates as a vertically integrated aluminum company, involved in bauxite mining, alumina refining, aluminum production, and energy generation. Its operations include a global refining system that converts bauxite into alumina and a smelting system that produces primary aluminum, serving both internal and external customers. The company also manages a joint venture focused on bauxite mines and alumina refineries.
UBS analyst Curt Woodworth has lowered Alcoa's price target from $53 to $47 while maintaining a Buy rating, citing a significant drop in alumina prices. Despite challenges, he remains optimistic about the aluminum industry's outlook, noting Alcoa's attractive valuation and potential for earnings growth. Additionally, Alcoa's subsidiary has announced a $1 billion senior notes offering to support debt and dividends, while CEO William Oplinger warned of job losses due to new tariffs affecting the aluminum sector.
Alcoa Corporation operates as a vertically integrated aluminum company, engaging in bauxite mining, alumina refining, aluminum production, and power generation. Its Alumina segment processes bauxite into alumina for both internal and external customers, while the Aluminum segment transforms alumina into primary aluminum through a global smelting and foundry system. The company also manages the Alcoa World Alumina and Chemicals joint venture, which oversees various bauxite mines and alumina refineries.
Alcoa Corporation is a vertically integrated aluminum company involved in bauxite mining, alumina refining, aluminum production, and power generation. Its operations include a global refining system that converts bauxite into alumina and a smelting and casting system that produces primary aluminum. The company also manages the Alcoa World Alumina and Chemicals joint venture, which oversees various bauxite mines and alumina refineries.
China has canceled a 13% tax rebate on aluminum exports, prompting significant stock declines for domestic companies while international counterparts see gains. This move is part of a broader overhaul affecting exports of copper, batteries, and solar panels, leaving the aluminum industry to reassess supply flows.
Alcoa Corporation
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs lowers alcoa price target to thirty two maintains buy rating
16:38 23.04.2025
ubs lowers alcoa price target to 31 maintains buy rating
16:39 21.04.2025
Alcoa expected to exceed Q1 earnings estimates according to UBS analysis
20:23 27.03.2025
ubs lowers alcoa price target to 47 dollars maintains buy recommendation
15:32 27.03.2025
Alcoa Corporation Maintains Buy Recommendation Amid Strong Aluminum Market Dynamics
15:26 09.12.2024
Alcoa Corporation Expands Vertically Integrated Aluminum Operations and Energy Assets
15:26 09.12.2024
china cancels export tax relief impacting aluminum stocks and prices
06:20 18.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Global Financial Events
CEO Changes
Retail and Consumer Goods
Banking Regulations
Market Analysis and Predictions
Industry Mergers & Acquisitions
Global Trade Developments
Energy Sector Developments
Startups & Entrepreneurship
Government Policies
Supply Chain Management
Financial Scams and Security
Domestic Politics
Government Economic Policies
Central Bank Actions
Hedge Funds & Private Equity
Countries:
Companies:
Tesla, Inc.
Barclays PLC
JPMorgan Chase & Co.
Apple Inc.
BNP Paribas SA
UBS Group AG
NVIDIA Corporation
Morgan Stanley
Bank of America Corporation
Capital One Financial Corporation
The Goldman Sachs Group, Inc.
Deutsche Bank RV Global PP
Amazon.com, Inc.
Citigroup Inc.
Commerzbank AG
SpaceXCoin USD
Credit Suisse Real Estate Fund Siat
Wells Fargo & Company
UniCredit S.p.A.
Microsoft Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
Indian Rupee
Swiss Franc
British Pound Sterling
Vietnamese Đồng
Hong Kong Dollar
Australian Dollar
United Arab Emirates Dirham
Singapore Dollar
South Korean Won
Thai Baht
Norwegian Krone
Danish Krone
Swedish Krona
Russian Ruble
Ghanaian Cedi
Canadian Dollar
Turkish Lira
People: