Raymond James analyst Sam Darkatsh maintained a Buy rating on MRC Global (NYSE: MRC) today and set a price target of $21. The company’s shares closed on Friday at $16.64.
Darkatsh has an average return of 0.5% when recommending MRC Global.
According to TipRanks.com, Darkatsh is ranked #4341 out of 4892 analysts.
MRC Global has an analyst consensus of Strong Buy, with a price target consensus of $24.50, representing a 47.2% upside. In a report issued on October 13, Cowen & Co. also initiated coverage with a Buy rating on the stock with a $25 price target.
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MRC Global’s market cap is currently $1.5B and has a P/E ratio of 28.89. The company has a Price to Book ratio of 2.
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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.
