Jefferies Group Comments on Aperam’s FY2018 Earnings (APEMY)

Aperam (OTCMKTS:APEMY) – Equities researchers at Jefferies Group reduced their FY2018 earnings per share estimates for shares of Aperam in a research note issued on Tuesday. Jefferies Group analyst S. Rosenfeld now forecasts that the company will post earnings of $4.36 per share for the year, down from their previous forecast of $4.45.

APEMY has been the topic of several other research reports. ValuEngine upgraded Aperam from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research upgraded Aperam from a “hold” rating to a “buy” rating and set a $62.00 target price on the stock in a report on Wednesday, November 1st.

Shares of Aperam (OTCMKTS APEMY) traded up $0.13 during mid-day trading on Thursday, hitting $55.39. The stock had a trading volume of 1,522 shares, compared to its average volume of 513. The company has a market capitalization of $4,720.00, a PE ratio of 22.70 and a beta of 1.93. Aperam has a 12 month low of $43.50 and a 12 month high of $55.45.

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About Aperam

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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