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Ak Steel Holding Corporation (AKS) [hlAlert]

Rating:
Overweight
AKS
down 59.50 %

Ak Steel Holding Corporation (AKS) rated Overweight with price target $11 by Barclays

Posted on: Wednesday,  Apr 25, 2012  2:25 PM ET by Barclays

Barclays rated Overweight Ak Steel Holding Corporation (NYSE: AKS) on 04/25/2012, when the stock price was $7.21. Since
then, Ak Steel Holding Corporation has lost 59.50% as of 10/05/2015's recent price of $2.92.
If you would have followed this Barclays's recommendation on AKS, you would have lost 59.5% of your investment in 1258 days.

AK Steel Holding Corporation (AK Holding) is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel). The Company?s operations consist of seven steelmaking and finishing plants located in Indiana, Kentucky, Ohio and Pennsylvania that produce flat-rolled carbon steels, including coated, cold-rolled and hot-rolled products, and specialty stainless and electrical steels that are sold in slab, hot band, and sheet and strip form. The Company?s operations also include AK Tube LLC (AK Tube), which further finishes flat-rolled carbon and stainless steel at two tube plants located in Ohio and Indiana into welded steel tubing used in the automotive, large truck and construction markets. In addition, the Company?s operations include European trading companies that buy and sell steel and steel products and other materials.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 1:25 PM Buy
None
6.94 10.00
as of 12/31/2012
1 Week up  4.07 %
1 Month up  14.71 %
3 Months down  -4.16 %
1 YTD up  29.94 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2013 12:25 PM Buy
None
7.33 8.00
11/16/2012 2:25 PM Buy
None
3.54 5.00
4/25/2012 2:25 PM Buy
None
7.21 11.00

(*) Stock Price at the time of the recommendation.
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