Metal Fabricatio: Precision Castparts Corp. (NYSE:PCP), Allegheny Technologies Incorporated (NYSE:ATI), Constellium NV (NYSE:CSTM), Tenaris SA (NYSE:TS), A M Castle and Co (NYSE:CAS)

On May 30, 2014, Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. (NYSE:PCP), will discuss current business conditions at the UBS Aerospace & Defense Conference in New York City on Thursday, June 5, 2014. Precision Castparts Corp. (NYSE:PCP), net profit margin is 18.50% and weekly performance is 3.59%. On last trading day company shares ended up $257.97. Analysts mean target price for the company is $301.95. Precision Castparts Corp. (NYSE:PCP), distance from 50-day simple moving average (SMA50) is 2.54%.

Allegheny Technologies Incorporated (NYSE:ATI), has received an average recommendation of “Hold” from the twelve analysts that are presently covering the company, AnalystRatings.Net reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $37.80. Allegheny Technologies Incorporated (NYSE:ATI), fell 0.93% in last trading session and ended the day on $40.69. ATI, Gross Margin is 5.90% and its return on assets is 2.00%. Allegheny Technologies Incorporated (NYSE:ATI), quarterly performance is 30.58%.

Deutsche Bank reissued their buy rating on shares of Constellium NV (NYSE:CSTM), in a research report released on Monday morning. Deutsche Bank currently has a $35.00 price objective on the stock, up from their previous price objective of $32.00. Constellium NV (NYSE:CSTM), shares moved up 0.41% in last trading session and was closed at $29.26, while trading in range of $28.78 – 29.33. Constellium NV (NYSE:CSTM), year to date (YTD) performance is 25.74%.

On May 23, 2014, Tenaris SA (ADR) (NYSE:TS), announced the successful completion of the renegotiation of its joint venture agreement with JFE Steel Corporation for the governance and operation of NKKTUBES. NKKTUBES is a leading Japanese seamless steel pipe manufacturer that produces a wide range of carbon, alloy and stainless steel pipes for the domestic and export markets. Tenaris holds a 51% interest in NKKTUBES, while JFE Steel Corporation holds the remaining 49%. Tenaris SA (ADR) (NYSE:TS), ended the last trading day at $44.70. Company weekly volatility is calculated as 0.92% and price to cash ratio as 12.73. Tenaris SA (ADR) (NYSE:TS),showed a positive weekly performance of 1.92%.

A M Castle and Co (NYSE:CAS)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group in a research report issued to clients and investors on Wednesday, Analyst RN reports. They currently have a $17.00 price target on the stock. Jefferies Group’s target price suggests a potential upside of 38.44% from the company’s current price. A M Castle and Co (NYSE:CAS), net profit margin is -3.90% and weekly performance is -2.22%. On last trading day company shares ended up $11.88. Analysts mean target price for the company is $15.33. A M Castle and Co (NYSE:CAS), distance from 50-day simple moving average (SMA50) is -10.93%.

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