Bank of America Raises Alumina Limited to Neutral (AWC)

By admin | 6 years ago

Alumina Limited (NYSE: AWC) was upgraded by equities researchers at Bank of America (NYSE: BAC) to a “neutral” rating in a report issued on Friday.

Shares of Alumina Limited opened at 3.77 on Friday. Alumina Limited has a 52 week low of $3.44 and a 52 week high of $9.87. The company has a market cap of $2.300 billion and a P/E ratio of 17.79.

Separately, analysts at Goldman Sachs (NYSE: GS) upgraded shares of Alumina Limited from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, May 22nd.

Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC).

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