Aa stock forecast this ratio reflects stronger conviction

This ratio reflects stronger conviction in upward price moves. In a notable first, investors now demand more compensation to lend to France than Spain, punishing the euro zone’s second-largest economy for not controlling its finances. Several other equities research analysts have also recently weighed in on the stock. Citigroup raised shares of Alcoa to a "buy" rating and set a $42.00 price target for the company in a research report on Tuesday, July 8th. Bank of America upped their price target on shares of Alcoa from $26.00 to $27.00 and gave the stock an "underperform" rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. lowered their price target on shares of Alcoa from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Thursday, July 17th. Wall Street Zen cut shares of Alcoa from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Finally, Morgan Stanley decreased their target price on shares of Alcoa from $40.00 to $38.00 and set an "overweight" rating for the company in a research report on Friday, July 18th. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $41.75. Capital expenditure efficiency is improving, reducing cost-per-ton of aluminum output by 3.4%, increasing operational leverage—an important driver in recent aa stock forecast upgrades from major brokerages.