Voestalpine Ag (OTCMKTS:VLPNY) – Analysts at Jefferies Group upped their FY2019 earnings per share estimates for Voestalpine in a note issued to investors on Tuesday. Jefferies Group analyst S. Rosenfeld now forecasts that the company will post earnings per share of $1.07 for the year, up from their previous forecast of $0.96.
Separately, Zacks Investment Research downgraded Voestalpine from a “buy” rating to a “hold” rating in a research note on Friday, October 27th.
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Voestalpine Company Profile
voestalpine AG processes, develops, and manufactures steel products worldwide. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces and processes hot and cold-rolled steel; electrogalvanized, hot-dip galvanized, and organically coated plates; electrical steel strips; and heavy plates, as well as turbine casings.
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