Russel Metals (TSE:RUS) had its price objective trimmed by Royal Bank of Canada from C$28.00 to C$25.00 in a research report released on Tuesday, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.
RUS has been the subject of several other reports. Raymond James set a C$31.00 price objective on Russel Metals and gave the stock an outperform rating in a research report on Wednesday, May 22nd. BMO Capital Markets restated a hold rating on shares of Russel Metals in a research report on Thursday, July 4th.
Shares of RUS stock opened at C$20.60 on Tuesday. The company has a current ratio of 2.75, a quick ratio of 1.10 and a debt-to-equity ratio of 71.81. Russel Metals has a twelve month low of C$19.72 and a twelve month high of C$30.99. The company has a market cap of $1.29 billion and a P/E ratio of 5.97. The stock’s fifty day simple moving average is C$21.60.
Russel Metals Company Profile
Russel Metals Inc distributes steel and metal products in North America. The company operates through three segments: Metal Service Centers, Energy Products, and Steel Distributors. The Metal Service Center segment sells plates, flat rolled carbon and general line steel products, stainless steel, aluminum, and other non-ferrous specialty metal products.
See Also: Systematic Risk
Receive News & Ratings for Russel Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Russel Metals and related companies with MarketBeat.com's FREE daily email newsletter.