Tree Island Steel (TSL) Receives a Hold from Raymond James


Tree Island Steel (TSL), the Conglomerates sector company, was revisited by a Wall Street analyst today. Analyst David Quezada from Raymond James rated Tree Island Steel (TSL) a Hold, setting a C$2.50 price target.

According to TipRanks.com, Quezada is ranked #649 out of 5253 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Tree Island Steel with a C$2.50 average price target.

The company has a one-year high of C$2.99 and a one-year low of C$1.88. Currently, Tree Island Steel has an average volume of 22.51K.

Tree Island Steel Ltd. engages in the manufacturing and supplying of steel wire and fabricated wire products. It operates through the following business segments: Industrial, Residential, Commercial and Agricultural. The Industrial segment manufactures both high-carbon and low-carbon galvanized steel wire.

The company’s shares closed on Thursday at C$2.19.

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