Deutsche Bank Hikes Constellium (CSTM) PT to $25 Amid Sector-Wide Metals Rally

Group 1 - Constellium (NYSE:CSTM) is identified as a cheap stock with potential for growth over the next three years, with Deutsche Bank raising its price target from $22 to $25 while maintaining a Hold rating [1][3] - In Q3 2025, Constellium reported a 20% year-over-year revenue increase to $2.2 billion, with net income rising to $88 million from $8 million in the same period last year [3] - Total shipments increased by 6% to 373,000 metric tons, attributed to operational improvements at the Muscle Shoals facility and strong demand in the packaging sector [3] Group 2 - CEO Jean-Marc Germain indicated that while scrap spreads had been a challenge year-to-date, they are beginning to widen, potentially impacting financial performance by $15 million to $20 million per quarter [2] - The company anticipates that the widening scrap spreads will provide a positive impact in Q4 and throughout 2026, despite not fully benefiting in Q3 due to staggered purchasing agreements [2] Group 3 - Constellium designs, manufactures, and sells rolled and extruded aluminum products for various end-markets, including aerospace, packaging, automotive, commercial transportation, general industrial, and defense [4]