Shares of Tree Island Steel (TSL) were revisited by a Wall Street analyst today. Raymond James’ analyst David Quezada reiterates their Buy rating on the shares, with a C$3.50 price target.
According to TipRanks.com, Quezada is ranked #3472 out of 4900 analysts.
Tree Island Steel has an analyst consensus of Moderate Buy, with a price target consensus of C$3.50.
The company has a one-year high of C$3.66 and a one-year low of C$2.05. Currently, Tree Island Steel has an average volume of 6,052.
Tree Island Steel Ltd. engages in the manufacture and trade of steel wire and fabricated wire products. It operates through the following business segments: Industrial, Residential, Commercial, Agricultural, and Specialty. The Industrial segment manufactures both high-carbon and low-carbon galvanized steel wire.
The company’s shares closed on Monday at C$2.21, close to its 52-week low of C$2.05.
