Analyst Price Target is $8.56
▲ +12.63% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Voestalpine in the last 3 months. The average price target is $8.56, with a high forecast of $8.56 and a low forecast of $8.56. The average price target represents a 12.63% upside from the last price of $7.60.
Current Consensus is
The current consensus among 11 contributing investment analysts is to hold stock in Voestalpine. This rating has held steady since March 2020, when it changed from a Buy consensus rating.
voestalpine AG engages in the production, processing, and distribution of steel products. It operates through the following divisions: Steel, High Performance Metals, Metal Engineering, Metal Forming and Other. The Steel division focuses on the production and processing of steel products for the segments automotive industry, white goods, electrical industry, processing industry, energy, and engineering industry. The High Performance Metals division manufactures tool steel, offers heat treatment and coating services as well as warehousing and preprocessing of special steels. The Metal Engineering division includes the manufacture of rails and turnout products, rod wire, drawn wire, seamless tubes, and welding filler materials. The Metal Forming division focuses on developing special sections, tube products, and precision strip steel as well as pre-finished system components made from pressed, punched, and roll-profiled parts. The Other division is comprised of the holding company, several group finance, and raw materials purchasing companies as well as one personal services company, and the group-information technology companies. The company was founded on May 13, 1938 and is headqu