Timkensteel (TMST) “Hold” Rating Reconfirmed at Jefferies; With $17.0 Target; Carver Bancorp (CARV) Sentiment Is 0

September 7, 2017 - By Hazel Jackson

Among 5 analysts covering TimkenSteel (NYSE:TMST), 1 have Buy rating, 2 Sell and 2 Hold. Therefore 20% are positive. TimkenSteel has $28 highest and $8 lowest target. $20’s average target is 33.24% above currents $15.01 stock price. TimkenSteel had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Cowen & Co given on Tuesday, February 21. Cowen & Co maintained the stock with “Buy” rating in Wednesday, May 31 report. The firm earned “Underperform” rating on Tuesday, November 29 by Macquarie Research. The rating was upgraded by Cowen & Co to “Outperform” on Thursday, August 11. The company was downgraded on Wednesday, January 13 by Jefferies. On Thursday, August 6 the stock rating was maintained by Cowen & Co with “Outperform”. Jefferies maintained Timkensteel Corp (NYSE:TMST) rating on Tuesday, August 1. Jefferies has “Hold” rating and $1700 target. ValuEngine upgraded Timkensteel Corp (NYSE:TMST) on Monday, May 29 to “Sell” rating. Jefferies maintained the stock with “Buy” rating in Wednesday, September 16 report. The firm earned “Buy” rating on Monday, June 26 by Cowen & Co.

Carver Bancorp, Inc. is the holding firm for Carver Federal Savings Bank , a federally chartered savings bank. The company has market cap of $8.91 million. The Firm conducts business as a unitary savings and loan holding company, and the business of the Company consists of the operation of its subsidiary, Carver Federal. It currently has negative earnings. Carver Federal serves African-American communities whose residents, businesses and institutions had limited access to mainstream financial services.

About 100,905 shares traded. Timkensteel Corp (NYSE:TMST) has risen 34.77% since September 7, 2016 and is uptrending. It has outperformed by 18.07% the S&P500.

TimkenSteel Corporation manufactures alloy steel, as well as carbon and micro-alloy steel. The company has market cap of $659.28 million. The Company’s portfolio includes special bar quality bars, seamless mechanical tubing and precision steel components. It currently has negative earnings. In addition, the Company supplies machining and thermal treatment services, as well as manage raw material recycling programs, which are used as a feeder system for its melt operations.