Zacks reaffirmed their hold rating on shares of AK Steel Holding Corp. (NYSE:AKS) in a report issued on Friday, Stock Ratings Network.com reports. They currently have a $3.75 target price on the stock.
A number of other firms have also recently commented on AKS. Analysts at Cowen and Company cut their price target on shares of AK Steel Holding Corp. (NYSE:AKS) from $4.25 to $4.15 in a research note to investors on Friday. Separately, analysts at Wellington Shields initiated coverage on shares of AK Steel Holding Corp. (NYSE:AKS) in a research note to investors on Wednesday, September 4th. They set a hold rating on the stock. Finally, analysts at Nomura reiterated a neutral rating on shares of AK Steel Holding Corp. (NYSE:AKS) in a research note to investors on Wednesday, July 24th. They now have a $3.00 price target on the stock.
Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of $4.68.
Shares of AK Steel Holding Corp. (NYSE:AKS) traded up 2.14% during mid-day trading on Friday, hitting $4.055. The stock had a trading volume of 2,399,332 shares. AK Steel Holding Corp. has a one year low of $2.76 and a one year high of $5.90. The stock has a 50-day moving average of $3.54 and a 200-day moving average of $3.39. The company’s market cap is $552.8 million.
AK Steel Holding Corporation (NYSE:AKS) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding, the Company).
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