In a report released today, Ian Gillies from Stifel Nicolaus maintained a Buy rating on Algoma Steel Group (ASTL – Research Report), with a price target of C$15.00. The company’s shares closed last Friday at $7.39.
According to TipRanks, Gillies is an analyst with an average return of -6.5% and a 43.12% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Algoma Steel Group with a $10.62 average price target.
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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 544.2K.
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Algoma Steel Group (ASTL) Company Description:
Legato Merger Corp is a blank check company.
Read More on ASTL:
- Algoma Steel Group Reports Fiscal Second Quarter 2024 Financial Results
- Algoma Steel reports Q2 EPS 24c, two estimates 29c
- Seaport Research flat-rolled steel analyst hold analyst/industry conference call
- Algoma Steel to Announce Fiscal 2024 Second Quarter Results November 2, 2023
- Algoma Steel management to meet with B. Riley
