GrafTech (EAF) PT Raised to $24 at Citi

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GrafTech International Ltd. (EAF) Prices 23M Share Upsized Common Offering at $20/Sh; Announces Concurrent 11.68M Share Buyback from Brookfield Asset Management (BAM)

August 9, 2018 5:56 AM EDT

GrafTech International Ltd. (NYSE: EAF) (the Company) today announced the pricing of a secondary offering of its common stock, which was upsized from 20,000,000 shares to 23,000,000 shares. The shares have been offered by the majority stockholder, an affiliate of Brookfield Business Partners LP, a publicly listed business services and industrials company of Brookfield Asset Management Inc. (NYSE: BAM), at a price to the public of $20.00 per share. The offering is expected to close on August 13, 2018, subject to... More

GrafTech (EAF) PT Raised to $28 at BMO Capital

August 6, 2018 8:31 AM EDT

BMO Capital raised its price target on GrafTech (NYSE: EAF) to $28.00 (from $25.00) while maintaining a Outperform rating.

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GrafTech International Ltd. (EAF) Reports Q2 EPS of $0.67 on Revenues of $456.33M

August 3, 2018 6:42 AM EDT

GrafTech International Ltd. (NYSE: EAF) reported Q2 EPS of $0.67. Revenue for the quarter came in at $456.33 million.

I am pleased to announce another strong quarterly result for GrafTech. We continue to leverage our unique competitive position in a structurally changed industry and to... More