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Quanex Corporation (NX) [hlAlert]

Rating:
Buy NX
up 5.81 %

Quanex Corporation (NX) rated Buy with price target $26 by Sidoti

Posted on: Friday,  Sep 25, 2015  10:25 AM ET by Sidoti

Sidoti rated Buy Quanex Corporation (NYSE: NX) on 09/25/2015. Previously Sidoti rated Buy Quanex Corporation (NYSE: NX) on 06/28/2013., when
the stock price was $17.02. Since then, Quanex Corporation has gained 5.82% as of 01/12/2016's recent price of $18.01.
If you would have followed the previous Sidoti's recommendation on NX, you would have gained 5.81% of your investment in 928 days.

Quanex Building Products Corporation is a manufacturer of engineered materials and components for the United States building products market. The Company is the wholly owned subsidiary of Quanex Corporation. The Company operates in two segments: Engineered Building Products and Aluminum Sheet Building Products. Engineered Building Products segment comprises six fabricated metal components operations, two facilities producing wood fenestration (door and window) components, four polyvinyl chloride (vinyl) extrusion facilities, a flexible insulating glass spacer operation and a facility that produces automated equipment for assembling insulating glass units. The Aluminum Sheet Building Products segment comprises an aluminum mini-mill operation and three stand-alone aluminum sheet cold finishing operations. On April 23, 2008, Quanex Corporation completed a spin-off of its building products segment and the subsequent merger of the remaining Quanex Corporation with a subsidiary of Gerdau SA.

Sidoti
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/25/2015 10:25 AM Buy
None
19.24 26.00
as of 8/27/2015
1 Week down  -5.75 %
1 Month down  -9.95 %
3 Months down  -2.64 %
1 YTD down  -9.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/28/2013 11:25 AM Buy
None
17.02

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