Kepler Capital Sticks to Its Buy Rating for Acerinox (0OIQ)
Kepler Capital analyst Inigo Egusquiza maintained a Buy rating on Acerinox (0OIQ – Research Report) on May 8 and set a price target of €13.80. The company's shares closed last Thursday at €9.92.
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According to TipRanks, Egusquiza is ranked #337 out of 9472 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Acerinox with a €12.30 average price target, which is a 23.99% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a €13.00 price target.
The company has a one-year high of €11.94 and a one-year low of €8.21. Currently, Acerinox has an average volume of 75.5K.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0OIQ in relation to earlier this year.
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