Acerinox (OTCMKTS:ANIOY) Stock Rated “Moderate Buy” by Wall Street Brokerages

Acerinox (OTCMKTS:ANIOY – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

ANIOY has been the subject of several recent analyst reports. Jefferies Financial Group raised Acerinox to a “strong-buy” rating in a report on Monday, July 13th. BNP Paribas Exane lowered Acerinox from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Acerinox in a report on Friday, September 4th. Finally, Citigroup reaffirmed a “buy” rating on shares of Acerinox in a research report on Tuesday, September 15th.

Read Our Latest Analysis on Acerinox

Acerinox Stock Up 0.1%

Shares of ANIOY stock opened at $9.43 on Friday. The stock’s fifty day moving average price is $9.81 and its 200 day moving average price is $8.78. Acerinox has a 1-year low of $6.22 and a 1-year high of $10.74. The company has a market cap of $4.70 billion, a price-to-earnings ratio of 72.50 and a beta of 1.08. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.65 and a quick ratio of 0.79.

Acerinox Company Profile

(Get Free Report)

Acerinox, SA is a Spain-based metals producer specializing in stainless steel and high-performance alloys. Its product portfolio includes stainless steel flat and long products, such as sheet, coil, plate, bar, wire and other fabricated forms, serving applications in construction, industrial equipment, transportation, energy, food processing and consumer products.

Founded in 1970, Acerinox has developed into an international manufacturing and distribution group. Its operations include production facilities in Spain, the United States and South Africa, including North American Stainless in Kentucky and Columbus Stainless in South Africa.

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Analyst Recommendations for Acerinox (OTCMKTS:ANIOY)

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