aa stock price target

What does target price mean in stocks?

What Is A Target Price In Stocks?

• A target price is an estimate of the future price of a stock. …
• Target prices can be used to evaluate stocks and may be even more useful than an equity analyst’s rating.
• While opinion-based ratings have limited value, target prices can help investors evaluate the potential risk/reward profile of the stock.

Is target a great dividend stock?

The stock currently has a very low payout ratio in the mid 30% range providing great dividend sustainability and room for future growth. LOW is currently trading about 24% above its trailing dividend yield implying that the stock may be overvalued at the moment.

What happened to target stock?

Key Points

• Sales and profits have been surging for Target since the pandemic onset.
• Target is selling at an attractive price.
• Target has room to grow its dividend sustainably.

What is target stock value?

When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

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Is AA stock a good buy?

The financial health and growth prospects of AA, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

How high can Alcoa go?

Alcoa Corp (NYSE:AA) The 12 analysts offering 12-month price forecasts for Alcoa Corp have a median target of 66.00, with a high estimate of 102.00 and a low estimate of 45.00. The median estimate represents a +53.31% increase from the last price of 43.05.

Should I sell Alcoa stock?

Out of 10 analysts, 4 (40%) are recommending AA as a Strong Buy, 1 (10%) are recommending AA as a Buy, 5 (50%) are recommending AA as a Hold, 0 (0%) are recommending AA as a Sell, and 0 (0%) are recommending AA as a Strong Sell. What is AA's earnings growth forecast for 2022-2024?

Is Alcoa Corporation a buy?

Alcoa has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.

Is Alcoa overpriced?

Overall, The stock of Alcoa (NYSE:AA, 30-year Financials) is believed to be significantly overvalued. The company's financial condition is fair and its profitability is poor. Its growth ranks worse than 82% of the companies in Metals & Mining industry.

What is going on with Alcoa?

On March 2, Alcoa said it'll stop buying raw material from and selling finished products to Russia. That also includes bauxite sales (Alcoa is one of the world's largest bauxite miners). As a result, the company has lowered its bauxite shipment projection for 2022 by 2 million metric tons.

Is Alcoa a good company?

On average, employees at Alcoa give their company a 3.9 rating out of 5.0 - which is equal to the average rating for all companies on CareerBliss. The happiest Alcoa employees are EHS Managers submitting an average rating of 4.8 and Staff Engineers with a rating of 4.4.

Who are Alcoa's customers?

Alcoa's key customers The aerospace industry is Alcoa's biggest customer. It accounts for almost one third of its value-added sales. Packaging is the second biggest customer. It accounts for almost a quarter of Alcoa's sales.

Is Alcoa still in business?

Alcoa Corporation (an acronym for Aluminum Company of America) is an American industrial corporation....Alcoa.TypePublic companyTotal assetsUS$15.003 Billion (Fiscal Year Ended December 31, 2021)Total equityUS$6.249 Billion (Fiscal Year Ended December 31, 2021)Number of employees12,200 (2021)Websitealcoa.com13 more rows

Why is Alcoa stock going up?

Alcoa is going to see its revenues increase as aluminum inventories continue to decrease and prices continue to rapidly increase. Russia's invasion has led to a massive disruption of the energy markets in Europe. In turn, this has led to the input costs of aluminum to soar in Europe.

Why is Alcoa stock dropping?

Alcoa Corp. shares dropped the most in eight months after the aluminum producer said sales slumped as prolonged supply-chain disruptions curbed shipments, raising concern that the tie-ups may erode customer demand for the metal.

Is AMD a buy Zacks?

Zacks' proprietary data indicates that Advanced Micro Devices, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the AMD shares relative to the market in the next few months.

Why is Alcoa stock going up?

Alcoa is going to see its revenues increase as aluminum inventories continue to decrease and prices continue to rapidly increase. Russia's invasion has led to a massive disruption of the energy markets in Europe. In turn, this has led to the input costs of aluminum to soar in Europe.

Will aluminum stock go up?

According to the World Bank, the aluminum price will increase to $2,000 per metric ton (t) in 2021, a 17% rise from an average of $1,703/t in 2020, and experience moderate growth to $2,050/t in 2022. By 2035, the World Bank predicts aluminum prices will reach $2,400/t.

Why is Alcoa stock dropping?

Alcoa Corp. shares dropped the most in eight months after the aluminum producer said sales slumped as prolonged supply-chain disruptions curbed shipments, raising concern that the tie-ups may erode customer demand for the metal.

Is aluminum stock a good investment?

Aluminum currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

What is Alcoa's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for Alcoa stock is Hold based on the current 6 hold ratings a...

Do Wall Street analysts like Alcoa more than its competitors?

Analysts like Alcoa stock less than the stock of other Industrial Products companies. The consensus rating for Alcoa is Hold while the average cons...

Do MarketBeat users like Alcoa more than its competitors?

MarketBeat users like Alcoa stock more than the stock of other Industrial Products companies. 70.53% of MarketBeat users gave Alcoa an outperform v...

Is Alcoa being downgraded by Wall Street analysts?

Over the previous 90 days, Alcoa's stock had 3 downgrades by analysts.

Does Alcoa's stock price have much upside?

According to analysts, Alcoa's stock has a predicted upside of 14.48% based on their 12-month price targets.

What analysts cover Alcoa?

Alcoa has been rated by Argus , B. Riley , BMO Capital Markets , Citigroup , Credit Suisse Group , Morgan Stanley , The Goldman Sachs Group...

What is AA’s average 12-month price target, according to analysts?

Based on analyst ratings, Alcoa’s 12-month average price target is $95.23.

What is AA’s upside potential, based on the analysts’ average price target?

Alcoa has 59.43% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the [object Object] tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the [object Object] and follow the analysts of your choice. Visit their profiles for more details a...

Weekly Stock List

Technical Assessment: Bullish in the Intermediate-Term

Investors wrapped up a quiet final week in 2021 with a modest loss for the S&P 500. But that hardly dented a strong year for stocks, when the S&P 500 climbed almost 27%. The average stock in the Argus Universe of Coverage rose 24% during the quarter, and the median stock advanced 36%.

Market Digest: SNY, JBHT, PNC, WFC, AA

The stock market staged a modest rally last week, with the DJIA inching higher while the Nasdaq rallied sharply. The Dow was up less than 0.2%, the Nasdaq was up over 3%, and the S&P 500 split the difference with a 1.2% gain.

Weekly Stock List

The stock market moved higher last week as earnings season kicked off. Tech stocks outperformed blue chips, though both performed well. During Friday's session, the Dow Jones Industrial Average increased 382 points, or 1.09%. The S&P 500 was up 0.75%, and the Nasdaq Composite was up 0.50%.

Market Digest: AAPL, CMG, AA

Due to a difficult September, in which the S&P 500 fell 4.7%, 3Q21 was barely positive for stocks, with the major benchmark index increasing only 0.6%. The average stock in the Argus Universe of Coverage fell 1.7% during the quarter, and the median stock dropped 1.4%.

Market Digest: BK, CTAS, SCHW, STT, AA

In the trading week ended September 10, the stock market did what it often does in September -- which is head lower. The S&P 500 fell 1.69% and the Nasdaq Composite declined 1.61%. The DJIA fared the worst, declining 2.15%, weighed down by Boeing.

Market Update: CMG, CSX, HD, JNJ, TRV, BMI, AA

With earnings season underway, the volume of insider transactions has slowed markedly. Overall insider sentiment remains frustratingly non-committal, with a bias toward caution yet certain trends slowly improving.

Component Grades

Stocks were little changed on Thursday morning following new employment and housing market data. The Labor Department said that first-time claims for state unemployment benefits fell to 547,000 for the week ended April 17, down from 586,000 a week earlier and below the Bloomberg consensus forecast of 610,000.

The Trend in the Analyst Price Target

We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.

The Trend in the Broker Recommendations

Over the past 14 months, AA's average price target has gone up $43.78.

Stock Price Forecast

Over the past 26 weeks, AA's average broker recommendation rating improved by 0.83.

Analyst Recommendations

The 11 analysts offering 12-month price forecasts for Alcoa Corp have a median target of 68.00, with a high estimate of 90.00 and a low estimate of 55.00. The median estimate represents a -11.03% decrease from the last price of 76.43.

American Airlines Group (NASDAQ:AAL) Price Target and Consensus Rating

The current consensus among 14 polled investment analysts is to Buy stock in Alcoa Corp. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail

Analyst Price Target Consensus

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).

Analyst Ratings By Month

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Average Share Price and Price Target by Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

American Airlines Group (NASDAQ:AAL) Analyst Ratings Frequently Asked Questions

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.

Analyst

According to the issued ratings of 14 analysts in the last year, the consensus rating for American Airlines Group stock is Hold based on the current 1 sell rating, 9 hold ratings and 4 buy ratings for AAL. The average twelve-month price target for American Airlines Group is $21.05 with a high price target of $29.00 and a low price target of $18.00.

About Analyst Research

Based on analysts offering 12 month price targets for AA in the last 3 months. The average price target is $ 0.00 with a high estimate of $ 0.00 and a low estimate of $ 0.00 . Sign in to your SmartPortfolio to see more analyst recommendations.

Market Update: AAPL, BAX, MO, PSA, T, V, IVZ, DOW

Nasdaq Analyst Research provides analyst research for ratings consensus and a summary of stock price targets. Analysts evaluate the stock’s expected performance in a given time period based on their research and their own opinions.

The Argus ESG Model Portfolio

Stocks rose strongly on Friday morning, led by the Technology and Communication Services sectors, after recovering from sharp early losses. But there were more signs of accelerating inflation.

Market Digest: AAPL, AMZN, THRM, AVY, CAT, ETD, F, HAS, ITW, MCD, MMM, URI, XLNX, V

Sustainable Impact Investing is gaining traction with the global investment community. In January 2020, BlackRock CEO Lawrence Fink, who oversees approximately $9 trillion in assets, announced that his firm would be investing in companies that are making progress on sustainability.

The Argus Innovation Model Portfolio

Stocks rose strongly on Thursday as investors weighed new GDP and employment data along with 3Q earnings reports from a range of major companies. The Commerce Department said that 3Q GDP rose just 2.0%, down from 6.7% in 2Q and below the Reuters consensus of 2.7%.

Market Digest: AAPL, WBA, BMI

The United States economy is full of innovation. It has to be. Manufacturing industries that dominated the economy decades ago - textiles, televisions, even automobiles to a large degree - have moved overseas, where costs are lower. Yet the U.S. economy, even during the pandemic, has expanded to record levels. If U.S.

Technical Assessment: Bullish in the Intermediate-Term

Earnings season has started -- and in the micro-burst that was last week, positive bank earnings (and a pandemic-low jobless-claims report) left the DJIA up 1.58%, the S&P 500 up 1.82%, and the Nasdaq Composite up 2.18%. Indeed, investors seem to be in a pretty-good mood as they survey third-quarter earnings and the fourth-quarter landscape.

Market Digest: AAPL, CMG, AA

October is off to a rocky start, although the market eked out a win last week. Investors took the disappointing jobs number as well as could be expected.