Cowen & Co. analyst Gautam Khanna maintained a Hold rating on Howmet Aerospace on Tuesday, setting a price target of $14, which is approximately 11.64% above the present share price of $12.54.
Khanna expects Howmet Aerospace to post earnings per share (EPS) of $0.71 for the second quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in Howmet Aerospace, with an average price target of $21.
The analysts price targets range from a high of $38 to a low of $10.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $3.4 billion and a net profit of $406 million. The company's market cap is $5.21 billion.
According to TipRanks.com, Cowen & Co. analyst Gautam Khanna is a 5-star analyst with an average return of 5.1% and a 60.5% success rate.
Arconic, Inc. engages in manufacturing and engineering of lightweight metals. It operates through the following segments: Engineered Products and Forgings (EP&F) and Global Rolled Products (GRP). The EP&F segment produces products that are used primarily in the aerospace, industrial, commercial transportation, and power generation end markets. The GRP segment produces aluminum sheet and plate, aluminum extruded and machined parts, integrated aluminum structural systems, and architectural extrusions used in the automotive, aerospace, building and construction, industrial, packaging, and commercial transportation end markets. The company was founded in 1888 and is headquartered in New York, NY.
