Published On: Wed, Oct 19th, 2016

Analyst Review: Haynes International, Inc. (NASDAQ:HAYN)


A number of investment brokers have recently updated their price targets on shares of Haynes International, Inc. (NASDAQ:HAYN).

Most recent broker ratings

08/29/2016 – Haynes International, Inc. was downgraded to “neutral” by analysts at Rosenblatt Securities. They now have a USD 39 price target on the stock.

09/29/2015 – Singular Research began new coverage on Haynes International, Inc. giving the company a “buy” rating. They now have a USD 48 price target on the stock.

05/19/2015 – Haynes International, Inc. was upgraded to “neutral” by analysts at Tigress Financial.

05/12/2015 – Haynes International, Inc. was upgraded to “hold” by analysts at Zacks.

05/12/2014 – Haynes International, Inc. had its “overweight” rating reiterated by analysts at JP Morgan. They now have a USD 66 price target on the stock.

01/09/2014 – Credit Suisse began new coverage on Haynes International, Inc. giving the company a “neutral” rating.

11/22/2013 – Haynes International, Inc. was downgraded to “hold” by analysts at Topeka Capital Markets. They now have a USD 51 price target on the stock.

10/01/2013 – Bank of America Merrill Lynch began new coverage on Haynes International, Inc. giving the company a “buy” rating. They now have a USD 56 price target on the stock.

The share price of Haynes International, Inc. (NASDAQ:HAYN) was up +0.45% during the last day of trading, with a day high of 35.92. 70917 shares were traded during the last session.

The stock’s 50 day moving average is 36.25 and its 200 day moving average is 35.05. The stock’s market capitalization is 437.90M. Haynes International, Inc. has a 52-week low of 25.53 and a 52-week high of 43.07.

Haynes International, Inc. (Haynes) is a producer of nickel- and cobalt-based alloys in flat product forms, such as sheet, coil and plate forms. The Company also produces its products as seamless and welded tubulars, and in slab, bar, billet and wire forms. It focuses on developing, manufacturing, marketing and distributing alloys, which are sold in the aerospace, chemical processing and industrial gas turbine industries. Its products consist of high-temperature resistant alloys (HTA) products and corrosion-resistant alloys (CRA) products. Its HTA products are used in manufacturing components for the hot sections of gas turbine engines. Its CRA products are used in a range of applications, such as chemical processing, power plant emissions control, hazardous waste treatment, sour gas production and pharmaceutical vessels. The Company has a four-high Steckel rolling mill used in hot rolling high-performance alloys. The Company has operations in the United States, Europe and China.