Century Aluminum price target lowered to $15 from $17 at BMO Capital

BMO Capital lowered the firm’s price target on Century Aluminum to $15 from $17 and keeps a Market Perform rating on the shares. The company’s Q2 results were largely in line with expectations, but the firm warns that if spot aluminum prices remain at currently subdued levels then there is potential downside risk to our forward estimates, the analyst tells investors in a research note.