The Services sector company, Russel Metals (RUS), has received a rating update from a Wall Street analyst today. The company received a Buy rating from Raymond James’ analyst Frederic Bastien, with a C$31 price target.
According to TipRanks.com, Bastien is ranked #2155 out of 5197 analysts.
Currently, the analyst consensus on Russel Metals is a Moderate Buy with an average price target of C$29.63.
The company has a one-year high of C$31.33 and a one-year low of C$19.72. Currently, Russel Metals has an average volume of 193.4K.
Russel Metals, Inc. is a metal distribution and processing company, which distributes steel products. The company operates through the following business segments: Metals Service Centers, Energy Products and Steel Distributors. The Metals Service Centers segment provides processing and distribution services to a broad base of customers.
The company’s shares closed on Wednesday at C$23.72.
