GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Ak Steel Holding Corporation (AKS) [hlAlert]

Rating:
Underperform
AKS
up 47.26 %

Ak Steel Holding Corporation (AKS) downgraded to Underperform by Credit Suisse

Posted on: Wednesday,  Oct 16, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Underperform Ak Steel Holding Corporation (NYSE: AKS) on 10/16/2013, when the stock price was $4.30.
Since then, Ak Steel Holding Corporation has lost 32.09% as of 10/05/2015's recent price of $2.92.
If you would have followed this Credit Suisse's recommendation on AKS, you would have gained 47.26% of your investment in 719 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2013 8:25 AM Sell
None
4.30
as of 12/13/2013
1 Week down  -4.56 %
1 Month down  -13.95 %
3 Months down  -38.60 %
1 YTD down  -38.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/24/2007 9:25 AM Hold
None
37.18 42.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy