Century Aluminum Co. (CENX) shares have surpassed the average analyst 12-month target price of $39.75, trading at $40.94 per share. This significant price movement has triggered a reassessment among analysts regarding future valuation adjustments, as various targets range from $34.00 to $46.00, with a standard deviation of $5.315.
Currently, there are four analysts covering CENX, with ratings showing an increase in optimism; strong buy ratings rose from 3 to 4 over the last month, while the overall average rating is 1.4, indicating a generally positive outlook. Investors are now tasked with determining whether this price threshold indicates a potential for further gains or signifies an overvaluation.
