Recent Investment Analysts’ Ratings Updates for Reliance (RS)

Reliance (NYSE: RS) recently received a number of ratings updates from brokerages and research firms:

• 10/14/2026 – Reliance is now covered by Barclays PLC. They set an “equal weight” rating and a $420.00 price target on the stock.
• 10/14/2026 – Reliance is now covered by Barclays PLC. They set an “equal weight” rating and a $420.00 price target on the stock.
• 10/11/2026 – Reliance was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 10/9/2026 – Reliance had its price target raised by JPMorgan Chase & Co. from $390.00 to $400.00. They now have a “neutral” rating on the stock.
• 10/8/2026 – Reliance was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/5/2026 – Reliance had its price target raised by KeyCorp from $418.00 to $421.00. They now have an “overweight” rating on the stock.
• 10/3/2026 – Reliance was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 9/9/2026 – Reliance had its price target lowered by JPMorgan Chase & Co. from $398.00 to $390.00. They now have a “neutral” rating on the stock.
• 8/31/2026 – Reliance was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 8/24/2026 – Reliance had its price target lowered by Wells Fargo & Company from $398.00 to $391.00. They now have an “equal weight” rating on the stock.
• 8/23/2026 – Reliance was upgraded by Wall Street Zen from “buy” to “strong-buy”.

Insiders Place Their Bets

In related news, SVP William Smith, II sold 2,353 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $414.21, for a total transaction of $974,636.13. Following the completion of the sale, the senior vice president owned 19,394 shares in the company, valued at $8,033,188.74. This represents a 10.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Arthur Ajemyan sold 2,200 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $410.11, for a total transaction of $902,242.00. Following the transaction, the chief financial officer directly owned 14,640 shares in the company, valued at $6,004,010.40. The trade was a 13.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.40% of the stock is owned by corporate insiders.

Reliance, Inc (NYSE: RS) is a diversified metals service center company that supplies processed metal products and related services to industrial manufacturers, fabricators, and other commercial customers. Its product offerings include carbon steel, stainless steel, aluminum, copper, brass, and other specialty metals.

The company provides value-added processing services such as cutting, slitting, leveling, blanking, machining, forming, and precision sawing. These services allow customers to purchase metals in customized sizes and specifications, helping reduce their need for in-house processing and inventory management.

Founded in 1939, Reliance serves a broad range of industries, including nonresidential construction, transportation, aerospace and defense, energy, electronics, machinery, and general manufacturing.