In the latest analyst coverage, Morgan Stanley has reiterated its 'Overweight' rating on Howmet Aerospace (HWM, Financial). The steadfast rating underscores the confidence in the company’s performance and potential within the aerospace sector.
Significantly, the analyst, Kristine Liwag, has increased the price target for Howmet Aerospace (HWM, Financial) from $170.00 to $210.00. This adjustment represents a substantial 23.53% rise, reflecting positive expectations for the company's future growth and profitability. The price target is now set at $210.00, as compared to the previous $170.00.
Investors will be keenly observing Howmet Aerospace (HWM, Financial) as it continues to perform in the market, fueled by this optimistic outlook from one of the leading financial analysts in the industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Howmet Aerospace Inc (HWM, Financial) is $186.05 with a high estimate of $220.00 and a low estimate of $140.00. The average target implies an upside of 0.95% from the current price of $184.30. More detailed estimate data can be found on the Howmet Aerospace Inc (HWM) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Howmet Aerospace Inc's (HWM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Howmet Aerospace Inc (HWM, Financial) in one year is $73.37, suggesting a downside of 60.19% from the current price of $184.3. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Howmet Aerospace Inc (HWM) Summary page.
