Stifel Nicolaus analyst Ian Gillies maintained a Buy rating on Algoma Steel Group (ASTL – Research Report) today and set a price target of C$14.00. The company’s shares closed today at $6.77.
According to TipRanks, Gillies is an analyst with an average return of -5.6% and a 45.59% success rate.
Algoma Steel Group has an analyst consensus of Moderate Buy, with a price target consensus of $12.18.
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The company has a one-year high of $9.07 and a one-year low of $5.52. Currently, Algoma Steel Group has an average volume of 702.2K.
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Read More on ASTL:
- Algoma Steel Issues Inaugural Annual ESG Report
- Largest borrow rate increases among liquid names
- Algoma Steel Group to Participate in the Jefferies 2023 Industrials Conference
- Here’s What Propelled Steel Dynamics (NASDAQ:STLD) Stock Higher
- Algoma Steel price target lowered to C$13 from C$14.25 at Stifel
