Russel Metals (RUS) Given a C$26.00 Price Target at BMO Capital Markets
BMO Capital Markets set a C$26.00 price objective on Russel Metals (TSE:RUS) in a research report sent to investors on Monday, BayStreet.CA reports. The firm currently has a market perform rating on the stock.
A number of other brokerages also recently issued reports on RUS. Raymond James set a C$31.00 price target on Russel Metals and gave the company a strong-buy rating in a research report on Friday, February 8th. Royal Bank of Canada dropped their price target on Russel Metals from C$32.00 to C$28.00 in a research report on Monday, February 4th.
Shares of TSE RUS opened at C$24.06 on Monday. The stock has a market capitalization of $1.51 billion and a price-to-earnings ratio of 6.84. The company has a quick ratio of 1.08, a current ratio of 2.74 and a debt-to-equity ratio of 56.93. Russel Metals has a 52 week low of C$19.72 and a 52 week high of C$31.33.
About Russel Metals
Russel Metals Inc distributes steel and metal products in North America. The company operates through three segments: Metal Service Centers, Energy Products, and Steel Distributors. The Metal Service Center segment sells plates, flat rolled carbon and general line steel products, stainless steel, aluminum, and other non-ferrous specialty metal products.
Further Reading: Earnings Per Share
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