Russel Metals Inc. (OTCMKTS:RUSMF) Given Consensus Recommendation of “Moderate Buy” by Analysts
by Jessica Moore · The Cerbat GemShares of Russel Metals Inc. (OTCMKTS:RUSMF – Get Free Report) have earned an average rating of “Moderate Buy” from the five brokerages that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.
Several equities research analysts recently commented on RUSMF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Russel Metals in a research report on Friday, February 13th. TD Securities reiterated a “buy” rating on shares of Russel Metals in a research report on Friday, February 13th. National Bank Financial lowered shares of Russel Metals from an “outperform” rating to a “sector perform” rating in a research report on Thursday, February 12th. Finally, Scotiabank reiterated an “outperform” rating on shares of Russel Metals in a research report on Thursday, January 29th.
View Our Latest Report on RUSMF
Russel Metals Trading Up 0.9%
Russel Metals stock opened at $36.60 on Friday. Russel Metals has a 52 week low of $27.64 and a 52 week high of $39.09. The firm’s 50-day simple moving average is $34.87 and its 200 day simple moving average is $32.16.
About Russel Metals
Russel Metals Inc is one of North America’s leading metal distribution and processing companies, offering a comprehensive range of steel, aluminum, stainless steel, and specialty metal products. Through its extensive network of service centres, the company provides value-added processing such as precision cutting, shearing, burning, drilling, rolling, and plate profiling, alongside inventory management and just-in-time delivery solutions. This integrated model helps industrial, construction, and manufacturing customers optimize supply chains and reduce lead times.
Founded in 1929 and headquartered in Mississauga, Ontario, Russel Metals has grown through organic expansion and strategic acquisitions to establish a broad presence across Canada and the United States.