Deutsche Bank Maintains Buy on Alumina (AWC)
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Price: $4.48 --0%
Rating Summary:
2 Buy, 2 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 20
Rating Summary:
2 Buy, 2 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 20
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Deutsche Bank today maintained a Buy rating on Alumina Limited (NYSE: AWC). Analyst Paul Young said he expects a bumpy Q2 but thinks fundamentals remain strong.
"Importantly we expect a rebound in the alumina price in 2H (to US$350/t) on tightening fundamentals (stronger demand and cost push in China) and strong margin expansion," said Young.
For an analyst ratings summary and ratings history on Alumina Limited (NYSE: AWC) click here. For more ratings news on Alumina Limited click here.
Shares of Alumina Limited closed at $4.17 yesterday.
"Importantly we expect a rebound in the alumina price in 2H (to US$350/t) on tightening fundamentals (stronger demand and cost push in China) and strong margin expansion," said Young.
For an analyst ratings summary and ratings history on Alumina Limited (NYSE: AWC) click here. For more ratings news on Alumina Limited click here.
Shares of Alumina Limited closed at $4.17 yesterday.
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