Century Aluminum lost its mediocre Neutral rating due to lower projections for London Metal Exchange (LME) aluminum prices. However, it had recently been downgraded as J.P. Morgan reduced its 2015 and 2016 earnings per share (EPS) estimates. The brokerage firm believes that downside risk has increased as regional premiums have come under pressure. Just last week we saw that Century Aluminum was started with a Buy rating at Nomura, and it was given a $28 price target.