UBS initiated coverage of Alcoa with a rating of Sell and set a new price target of $29.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $48.00 | Hold → Buy | Argus |
| 10/17/2024 | $41.00 → $50.00 | Neutral → Buy | B. Riley Securities |
| 10/1/2024 | $43.00 → $52.00 | Neutral → Buy | BofA Securities |
| 9/25/2024 | $32.00 → $36.00 | Neutral | JP Morgan |
| 9/4/2024 | $36.00 | Peer Perform → Outperform | Wolfe Research |
| 8/12/2024 | $32.00 → $38.00 | Sell → Buy | UBS |
| 8/2/2024 | Underperform → Peer Perform | Wolfe Research | |
| 6/21/2024 | $36.50 → $50.00 | Equal-Weight → Overweight | Morgan Stanley |
Alcoa Corporation (NYSE:AA, ASX: AAI)) ("Alcoa") announced today that Alumina Pty Ltd (ABN 85 004 820 419) (the "Issuer"), a wholly-owned subsidiary of Alcoa, has priced an offering of $1,000,000,000 aggregate principal amount of senior notes (the "notes"). The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The sale of the notes is expected to be completed on March 17, 2025, subject to customary closing conditions. The Issuer intends to deploy the funds within the Alcoa group, including funding contributions to Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa and the issuer of the outstanding $750 million aggregate
Alcoa Corporation (NYSE:AA, ASX:AAI)) ("Alcoa") announced today a proposed offering of $1,000,000,000 aggregate principal amount of senior notes (the "notes") by Alumina Pty Ltd (ABN 85 004 820 419) (the "Issuer"), a wholly-owned subsidiary of Alcoa. The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The timing of pricing and terms of the notes are subject to market conditions and other factors. The Issuer intends to deploy the funds within the Alcoa group, including funding contributions to Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa and the issuer of the outstanding $750 million aggregate principal amount of
Alcoa Corporation (NYSE:AA, ASX: AAI)) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock and Series A convertible preferred stock, to be paid on March 20, 2025 to stockholders of record as of the close of business on March 4, 2025. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people, and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process
Alcoa Corporation (NYSE:AA, ASX: AAI)) ("Alcoa") announced today that Alumina Pty Ltd (ABN 85 004 820 419) (the "Issuer"), a wholly-owned subsidiary of Alcoa, has priced an offering of $1,000,000,000 aggregate principal amount of senior notes (the "notes"). The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The sale of the notes is expected to be completed on March 17, 2025, subject to customary closing conditions. The Issuer intends to deploy the funds within the Alcoa group, including funding contributions to Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa and the issuer of the outstanding $750 million aggregate
Alcoa Corporation ("Alcoa") (NYSE:AA) announces that its wholly-owned subsidiary, Alcoa Nederland Holding B.V. ("ANHBV"), has commenced the following offers to purchase: (A) ANHBV's offer to purchase for cash any and all outstanding 5.500% senior unsecured notes due 2027 (the "Any and All Notes") issued by ANHBV, fully guaranteed on an unsecured basis by Alcoa (the "Any and All Offer"): Title of Security CUSIP / ISIN Principal Amount Outstanding Reference U.S. Treasury Security Bloomberg Reference Page(1) Fixed Spread 5.500% Senior Unsecured Notes due 2027 Rule 144A: 013822AE1 / US013822AE11 Regulation S: N02175AD4 / USN021
Alcoa Corporation (NYSE:AA, ASX:AAI)) ("Alcoa") announced today a proposed offering of $1,000,000,000 aggregate principal amount of senior notes (the "notes") by Alumina Pty Ltd (ABN 85 004 820 419) (the "Issuer"), a wholly-owned subsidiary of Alcoa. The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The timing of pricing and terms of the notes are subject to market conditions and other factors. The Issuer intends to deploy the funds within the Alcoa group, including funding contributions to Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa and the issuer of the outstanding $750 million aggregate principal amount of
4 - Alcoa Corp (0001675149) (Issuer)
4 - Alcoa Corp (0001675149) (Issuer)
4 - Alcoa Corp (0001675149) (Issuer)
Alcoa Corporation (NYSE:AA, ASX: AAI))) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company's investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr. Langlois is currently senior vice president and treasurer. He will continue to report to Executive Vice President and Chief Financial Officer Molly Beerman. "Louis will extend the strong relationships he currently has with o
Alcoa Corporation (NYSE:AA) today announced that it has appointed Matt Reed as Alcoa's Executive Vice President and Chief Operations Officer, effective January 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231220861728/en/Matt Reed, Alcoa Corporation's new EVP and Chief Operations Officer effective January 1, 2024. (Photo: Business Wire) Reed, who will be based in Western Australia, will lead Alcoa's global operations, including bauxite mines, alumina refineries, and aluminum smelters. He will be accountable for operational excellence, focusing on safety, environmental management, productivity, cost management, and lon
William F. Oplinger, Current EVP and COO, Appointed President, CEO and Director Roy C. Harvey Becomes Strategic Advisor to CEO Alcoa Corporation (NYSE:AA) (the "Company") announced today that William F. Oplinger has been elected to serve as President and Chief Executive Officer of the Company and as a member of its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230925107514/en/William F. Oplinger (Photo: Business Wire) Oplinger succeeds Roy C. Harvey, effective September 24, 2023, who will serve as Strategic Advisor to the Chief Executive Officer until December 31, 2023. Oplinger, 56, has served as t
SC 13G - Alcoa Corp (0001675149) (Subject)
SC 13G - Alcoa Corp (0001675149) (Subject)
SC 13G/A - Alcoa Corp (0001675149) (Subject)
Argus upgraded Alcoa from Hold to Buy and set a new price target of $48.00
B. Riley Securities upgraded Alcoa from Neutral to Buy and set a new price target of $50.00 from $41.00 previously
BofA Securities upgraded Alcoa from Neutral to Buy and set a new price target of $52.00 from $43.00 previously
8-K - Alcoa Corp (0001675149) (Filer)
8-K - Alcoa Corp (0001675149) (Filer)
8-K - Alcoa Corp (0001675149) (Filer)