Zacks Investment Research upgraded shares of Aperam (OTCMKTS:APEMY) from a sell rating to a hold rating in a research note issued to investors on Tuesday.
According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “
Separately, ValuEngine raised shares of Aperam from a hold rating to a buy rating in a report on Wednesday, January 10th.
Aperam (OTCMKTS:APEMY) last issued its earnings results on Tuesday, January 30th. The company reported $1.29 earnings per share for the quarter. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.19 billion. Aperam had a net margin of 7.15% and a return on equity of 11.99%. equities analysts predict that Aperam will post 4.36 earnings per share for the current year.
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Aperam produces and sells stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel, Services & Solutions, and Alloys & Specialties. The company offers steel products and electrical steels, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.
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