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Enter Symbol:
Ak Steel Holding Corporation (AKS) [hlAlert]

Neutral AKS
up 5.46 %

Ak Steel Holding Corporation (AKS) downgraded to Neutral by Longbow

Posted on: Monday,  Apr 19, 2010  11:25 AM ET by Longbow

Longbow rated Neutral Ak Steel Holding Corporation (NYSE: AKS) on 04/19/2010. Previously Longbow rated Buy Ak Steel Holding Corporation (NYSE: AKS) on
11/23/2009., when the stock price was $19.57. Since then, Ak Steel Holding Corporation has gained 5.47% as of 04/19/2010's recent price of $20.64.
If you would have followed the previous Longbow's recommendation on AKS, you would have gained 5.46% of your investment in 147 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.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/6/2012 9:25 AM Buy
5.13 8.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD down  -3.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2011 9:25 AM Hold
4/19/2010 11:25 AM Hold
11/23/2009 9:25 AM Buy
19.57 24.00
11/14/2008 9:25 AM Hold
10/22/2008 10:25 AM Buy
13.03 35.00
9/12/2008 9:25 AM Buy
37.37 50.00
8/4/2008 9:25 AM Hold
7/28/2008 10:25 AM Buy
49.91 60.00

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