MRC Global Gets a Buy Rating from Stifel Nicolaus


Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on MRC Global (NYSE: MRC) today and set a price target of $21. The company’s shares closed yesterday at $19.12.

According to TipRanks.com, Jones is a 4-star analyst with an average return of 5.9% and a 56.0% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Lincoln Electric Holdings, and Watts Water Technologies.

MRC Global has an analyst consensus of Strong Buy, with a price target consensus of $21.60.

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MRC Global’s market cap is currently $1.75B and has a P/E ratio of 69.30. The company has a book value ratio of 2.3011.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock.

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MRC Global, Inc. is a holding company which is engaged in the distribution of pipes, valves, fittings, and related products and services to the energy industry. The company operates through the following geographical segments: U.S., Canadian, and International Operations.

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