Reliance Steel & Aluminum Co. – Consensus ‘buy’ rating and 12.3% Upside Potential
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Update time : 2023-05-17 20:03:01
Reliance Steel & Aluminum Co. with ticker code (RS) have now 7 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 280 and 262 with the average target price sitting at $271.29. Given that the stocks previous close was at $241.65 this is indicating there is a potential upside of 12.3%. It’s also worth noting that there is a 50 day moving average of $247.73 while the 200 day moving average is $214.78. The market capitalization for the company is 14.13B. The stock price is currently at: 240.32 USD
The potential market cap would be $15,862,222,140 based on the market consensus.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
