# Alcoa Corporation  Share Price Target ‘$29.91’, now 8.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/alcoa-corporation-share-price-target-29.91-now-8.6-upside-potential/4121142014
- Published: 2024-02-09T14:04:07+00:00
- Author: Charlotte Edwards

**Alcoa Corporation** which can be found using ticker (AA) now have 12 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
range between the high target price and low target price is between $45.00 and $
14.00 calculating the mean target share price we have $29.91. (at the time of writing).
Given that the stocks previous close was at $27.53 this indicates there is a potential
upside of 8.6%. There is a 50 day moving average of $29.36 while the 200 day moving
average is $30.66. The company has a market capitalization of 4.95B. The current
share price for the company is: $27.71 USD

 The potential market cap would be $5,372,999,806 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $59.17 and
a -0.69% return on assets.

Alcoa Corporation is a trading company. The Company is engaged in the production
of bauxite, alumina and aluminum products. The Company’s operations consist of two
reportable business segments: Alumina and Aluminum. The Alumina segment consists
of the Company’s worldwide refining system, which processes bauxite into alumina.
The alumina produced by this segment is sold primarily to internal and external 
aluminum smelter customers; a portion of the alumina is sold to external customers
who process it into industrial chemical products. The Company’s Aluminum segment
consists of worldwide smelting and cast house system, which processes alumina into
primary aluminum, and portfolio of energy assets in Brazil, Canada, and the United
States. Its smelting operations produce molten primary aluminum, which is then formed
by the casting operations into either common alloy ingot or into value-add ingot
products. The Company has over 27 operating locations across nine countries.

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