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Analyst’s Reviews on Rating under Consideration: AK Steel Holding Corporation (NYSE:AKS)

Sanchez Energy Corporation’s (SN) price volatility for a month noted as 7.73% however its price volatility for a week documented as 5.60%.

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AK Steel Holding Corporation (AKS) was Initiated by Rosenblatt to “Buy” and the brokerage firm has set the Price Target at $6.

Citigroup began new coverage on AK Steel Holding Corporation giving the company a “neutral” rating. In the matter of earnings surprises, it can have a huge impact on a company’s stock price.

United States Steel Corporation (NYSE:X) negotiated 12.16 million shares against it an average volume of 15.2 million shares. The Low projection of Price Target by the analysts stands at $4 while the High projection stands at $8. Stock value has moved between $13.79 – 22.47 in last one year.

In case of Revenue Estimates, 8 analysts have provided their consensus Average Revenue Estimates for AK Steel Holding Corporation as 1.47 Billion. They now have a United States dollars 7 price target on the stock. 4 analysts call it Overweight, while 1 think it is Underweight.

04/08/2016 – United States Steel Corporation was downgraded to “sell” by analysts at UBS. United States Steel Corporation makes up approx 0.07% of Meeder Asset Management Inc’s portfolio.

03/16/2016 – AK Steel Holding Corporation had its “underperform” rating reiterated by analysts at Bank of America Merrill Lynch. Analyst recommendation for this stock stands at 3.20.

AK Steel Holding Corporation (NYSE:AKS) went higher by +0.62% to close at $ 4.83. KeyCorp cut shares of AK Steel Holding Corp. from a sector weight rating to an underweight rating and decreased their price objective for the stock from $5.15 to $4.00 in a research note on Friday, August 19th.

The company is trading below its 50-day moving averages of 5.49 and up from 200-day moving averages of 4.40. The stock has market worth of $1.23B. AK Steel Holding Corporation has a 52-week low of 1.64 and a 52-week high of 7.09.

AK Steel Holding Corporation is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company operates approximately eight steelmaking and finishing plants, over two coke plants and approximately two tube manufacturing plants across states, which include Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The Company also produces metallurgical coal through its subsidiary, AK Coal Resources, Inc. Teachers Advisors Inc. now owns 2,405,707 shares of the company’s stock valued at $9,936,000 after buying an additional 2,136,400 shares in the last quarter. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers.

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While looking at the Stock’s Performance, AK Steel Holding Corporation now shows a Weekly Performance of -9.48%, where Monthly Performance is -30.15%, Quarterly performance is 14.43%, 6 Months performance is 70.8% and yearly performance percentage is 82.81%.

AK Steel Holding Corporation Introduces-Gen High Strength Steel for Automotive Industry