Voestalpine Ag (OTCMKTS:VLPNY) – Analysts at Jefferies Group lifted their FY2018 earnings per share (EPS) estimates for Voestalpine in a note issued to investors on Tuesday. Jefferies Group analyst S. Rosenfeld now expects that the company will earn $1.02 per share for the year, up from their prior forecast of $1.00.
Separately, Zacks Investment Research upgraded shares of Voestalpine from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Thursday, October 26th.
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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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