Analyst Ratings For Russel Metals (TSE:RUS)
Today, Russel Metals (TSE:RUS) stock received an upgrade by Royal Bank Of Canada from Sector Perform to Outperform with a price target of C$31.00.
There are 3 hold ratings, 2 buy ratings on the stock.
The current consensus rating on Russel Metals (TSE:RUS) is Hold (Score: 2.40) with a consensus target price of C$27.20 per share, a potential .
Some recent analyst ratings include
- 2/21/2017-Royal Bank Of Canada Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
- 1/19/2017-Raymond James Financial, Inc. Reiterated Rating of Market Perform.
- 11/10/2016-Scotiabank Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
About Russel Metals (TSE:RUS)
Russel Metals Inc. is a metals distribution company. The Company’s segments include metals service centers, energy products and steel distributors. The metals service centers segment provides processing and distribution services to a base of end users. Its Energy Products segment distributes oil country tubular goods (OCTG), line pipe, valves and fittings to the energy industry. The Steel distributors segment distributes, sells steel to other steel service centers and equipment manufacturers. Its metals service centers provide a line of products in various sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel and aluminum. It also provides processing and distribution services to approximately 39,000 end users through a network of over 50 Canadian locations and over 10 United States locations. Its business units are clustered in Alberta and Saskatchewan, Canada, and in the United States, in Colorado and Texas.
Recent Trading Activity for Russel Metals (TSE:RUS)
Shares of Russel Metals closed the previous trading session at 29.08 up +1.66 6.05% with 191,027 shares trading hands.