Morgan Stanley upgrades Acerinox to 'overweight' with a price target of EUR12.80

  • Investing.com
Morgan Stanley upgrades Acerinox to 'overweight' with a price target of EUR12.80

An analyst from Morgan Stanley upgraded Acerinox (BME: ACX) from 'equalweight' to 'overweight' with a price target of EUR12.80 from a prior price target of %currency%%price%.

Prior to this rating, Acerinox had 12 buy ratings, 3 hold ratings, and 1 sell ratings.

For consensus analyst estimates and price targets on Acerinox, click here. For more news on Acerinox, click here.

Acerinox's stock price closed at $9.780. They are up 3.14% in the last month and down -3.260% in the last 12 months.

According to Investing Pro, Acerinox's fair value is $13.672, an upside of 41.973%. Acerinox's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Acerinox's recent earnings performance and financials here.

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