Goldman Sachs Downgrades Reliance Steel & Aluminum to Neutral, Lowers Price Target to $201
Goldman Sachs analyst Emily Chieng downgrades Reliance Steel & Aluminum (NYSE:RS) from Buy to Neutral and lowers the price target from $218 to $201.
5 Value Stocks To Watch In The Basic Materials Sector
The Meaning Behind Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
BMO Capital Initiates Coverage On Reliance Steel & Aluminum with Outperform Rating, Announces Price Target of $230
BMO Capital analyst Katja Jancic initiates coverage on Reliance Steel & Aluminum (NYSE:RS) with a Outperform rating and announces Price Target of $230.
Recap: Reliance Steel & Aluminum Q2 Earnings
Reliance Steel & Aluminum (NYSE:RS) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:50 AM.
Here's what investors need to know about the announcement.
Here’s Why You Should Hold Onto Reliance Steel (RS) Stock For Now
Reliance Steel & Aluminum Co. (NYSE: RS) is benefiting from strong demand across key end-use markets, a diversified product base and strategic acquisitions amid headwinds from higher costs.