Russel Metals (OTCMKTS:RUSMF) Given New C$41.00 Price Target at Stifel Nicolaus

Russel Metals (OTCMKTS:RUSMFGet Rating) had its price target hoisted by Stifel Nicolaus from C$40.00 to C$41.00 in a research note released on Monday, The Fly reports.

Several other research firms have also weighed in on RUSMF. TD Securities lowered Russel Metals from a buy rating to a hold rating in a report on Friday, November 11th. BMO Capital Markets decreased their price target on Russel Metals from C$36.00 to C$32.00 in a report on Friday, August 12th. Scotiabank upped their price objective on Russel Metals from C$37.50 to C$38.00 in a research report on Friday, November 11th. Finally, Royal Bank of Canada downgraded Russel Metals from an outperform rating to a sector perform rating in a research report on Friday, November 11th.

Russel Metals Stock Performance

OTCMKTS:RUSMF opened at $21.68 on Monday. The stock’s fifty day moving average is $20.07 and its 200 day moving average is $21.30. Russel Metals has a fifty-two week low of $17.67 and a fifty-two week high of $28.88.

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.

Further Reading

The Fly logo

Receive News & Ratings for Russel Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Russel Metals and related companies with MarketBeat.com's FREE daily email newsletter.