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Jefferies analyst Seth Rosenfeld reiterated a Buy rating on United States Steel (X) yesterday and set a price target of $27. The company’s shares closed yesterday at $20.70, close to its 52-week low of $20.30.
According to TipRanks.com, Rosenfeld is a 4-star analyst with an average return of 7.7% and a 57.7% success rate. Rosenfeld covers the Basic Materials sector, focusing on stocks such as Worthington Industries, Cleveland-Cliffs Inc, and AK Steel Holding.
United States Steel has an analyst consensus of Moderate Buy, with a price target consensus of $32.
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The company has a one-year high of $47.64 and a one-year low of $20.30. Currently, United States Steel has an average volume of 7.54M.
Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is neutral on the stock.
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United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following segments: Flat-Rolled Products, U.S. Steel Europe, and Tubular Products.
