Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
Russel Metals (TSE:RUS - Get Rating) had its target price decreased by stock analysts at Stifel Nicolaus from C$40.00 to C$37.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. Stifel Nicolaus' price objective would suggest a potential upside of 32.05% from the company's previous close.
Several other research firms also recently weighed in on RUS. Scotiabank cut their price target on Russel Metals from C$38.50 to C$37.50 in a research note on Monday, August 15th. BMO Capital Markets cut their price target on Russel Metals from C$36.00 to C$32.00 in a research note on Friday, August 12th. Finally, Royal Bank of Canada increased their price target on Russel Metals from C$39.00 to C$42.00 and gave the stock an "outperform" rating in a research note on Monday, August 15th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$39.07.Russel Metals Stock Performance
Shares of Russel Metals stock traded up C$0.09 during trading hours on Wednesday, hitting C$28.02. 71,408 shares of the company's stock traded hands, compared to its average volume of 232,294. Russel Metals has a 12-month low of C$23.80 and a 12-month high of C$36.91. The stock has a market capitalization of C$1.77 billion and a price-to-earnings ratio of 3.88. The company has a fifty day simple moving average of C$27.87 and a 200-day simple moving average of C$29.83. The company has a debt-to-equity ratio of 28.43, a current ratio of 2.94 and a quick ratio of 1.31. About Russel Metals (Get Rating)
Russel Metals Inc operates as a metal distribution company in North America. The company operates through three segments: Metals Service Centers, Energy Products, and Steel Distributors. The Metal Service Centers segment sells plates, flat rolled carbon, stainless steel, aluminum, and other non-ferrous specialty metal products, as well as general line steel products, such as plates, structural shapes, bars, sheets, pipes, tubing, and hollow structural steel tubing.Featured Stories3 Defensive Stocks With 60-Year Dividend Hike StreaksGeneral Mills: Superior Returns With Less Volatility 3 Airline Stocks Stuck in a Holding PatternRoku Stock is Down but Not Out If You’re Hungry for Value, Take a Bite on Ruth's Hospitality Grp
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Russel Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Russel Metals wasn't on the list.
While Russel Metals currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:
ETF portfolio manager, Dave Gilreath offers a perspective on “dividend achievers” and why these deserve a role in your portfolio
Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.