Analyst Ratings For Russel Metals (TSE:RUS)
Today, Royal Bank of Canada raised its price target on Russel Metals (TSE:RUS) to C$32.00 per share.
There are 2 hold ratings, 3 buy ratings on the stock.
The current consensus rating on Russel Metals (TSE:RUS) is Buy (Score: 2.60) with a consensus target price of C$29.40 per share, a potential .
Some recent analyst ratings include
- 4/19/2017-TD Securities Reiterated Rating of Hold.
- 4/19/2017-Raymond James Financial, Inc. Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
About Russel Metals (TSE:RUS)
Russel Metals Inc. is a metals distribution and processing company. The Company primarily distributes steel products. The Company operates through three segments: metals service centers, energy products and steel distributors. The Company provides processing and distribution services to a base of approximately 43,000 end users through a network of 50 locations in Canada and 14 locations in the United States. The Company’s network of metals service centers carries a line of metal products in a range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. The Company’s energy products operations distribute oil country tubular goods (OCTG), line pipe, tubes, flanges, valves and fittings to the energy industry. The Company’s steel distributors segment is engaged in selling steel to other steel service centers and equipment manufacturers.
Recent Trading Activity for Russel Metals (TSE:RUS)
Shares of Russel Metals closed the previous trading session at 27.11 down -0.15 -0.55% with 542,007 shares trading hands.