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Reliance Steel & Aluminum Analyst Ratings

Benzinga ·  Oct 27, 2023 05:02
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/27/2023 15.28% Keybanc $290 → $285 Maintains Overweight
10/17/2023 17.3% Keybanc $300 → $290 Maintains Overweight
07/17/2023 21.34% Keybanc $275 → $300 Maintains Overweight
04/28/2023 Wolfe Research Downgrades Outperform → Peer Perform
04/28/2023 11.23% Keybanc $265 → $275 Maintains Overweight
03/13/2023 9.21% Goldman Sachs $245 → $270 Maintains Neutral
03/10/2023 9.21% Goldman Sachs $245 → $270 Maintains Neutral
02/21/2023 -0.9% Goldman Sachs $216 → $245 Maintains Neutral
02/17/2023 13.25% Citigroup $230 → $280 Maintains Buy
02/17/2023 -0.9% Goldman Sachs $216 → $245 Maintains Neutral
02/17/2023 7.19% Keybanc $235 → $265 Maintains Overweight
01/25/2023 -4.95% Keybanc $225 → $235 Maintains Overweight
11/22/2022 -8.99% Keybanc $210 → $225 Maintains Overweight
10/28/2022 -15.06% Keybanc $207 → $210 Maintains Overweight
10/06/2022 -18.7% Goldman Sachs $218 → $201 Downgrades Buy → Neutral
08/15/2022 -6.97% BMO Capital → $230 Initiates Coverage On → Outperform
07/19/2022 -16.27% Keybanc $215 → $207 Maintains Overweight
04/29/2022 -6.97% Citigroup $200 → $230 Maintains Buy
04/29/2022 -8.59% Wolfe Research → $226 Upgrades Peer Perform → Outperform
04/20/2022 -13.04% Keybanc $200 → $215 Maintains Overweight
02/22/2022 -19.1% Keybanc $180 → $200 Maintains Overweight
01/28/2022 -35.69% Wolfe Research $156 → $159 Upgrades Underperform → Peer Perform
01/19/2022 -27.19% Keybanc $175 → $180 Maintains Overweight
11/23/2021 -29.22% Keybanc $165 → $175 Maintains Overweight
11/17/2021 -36.09% Wolfe Research → $158 Initiates Coverage On → Underperform
11/04/2021 -23.15% Goldman Sachs $162 → $190 Upgrades Neutral → Buy
10/14/2021 -33.26% Keybanc → $165 Upgrades Sector Weight → Overweight
10/06/2021 -34.47% Goldman Sachs $185 → $162 Maintains Neutral
09/15/2021 -29.22% Deutsche Bank $165 → $175 Maintains Hold
08/24/2021 -33.26% Seaport Global → $165 Initiates Coverage On → Buy
07/26/2021 -19.1% Citigroup → $200 Upgrades Neutral → Buy
07/01/2021 -34.47% Deutsche Bank $152 → $162 Maintains Hold
06/16/2021 -26.79% JP Morgan → $181 Initiates Coverage On → Overweight
04/23/2021 -38.52% Deutsche Bank $136 → $152 Maintains Hold
04/09/2021 -38.11% Goldman Sachs → $153 Initiates Coverage On → Neutral
01/08/2021 -50.25% Deutsche bank → $123 Downgrades Buy → Hold
08/04/2020 -53.48% Deutsche Bank $90 → $115 Upgrades Hold → Buy
05/13/2020 Keybanc Downgrades Overweight → Sector Weight
04/24/2020 -63.6% Citigroup $125 → $90 Maintains Neutral
04/17/2020 -59.96% JP Morgan $117 → $99 Maintains Neutral
03/30/2020 -61.17% Goldman Sachs $119 → $96 Upgrades Neutral → Buy
03/24/2020 -64.41% Keybanc $121 → $88 Maintains Overweight
02/21/2020 -51.06% Keybanc $125 → $121 Maintains Overweight
01/21/2020 -50.65% Cowen & Co. $123 → $122 Downgrades Outperform → Market Perform
11/13/2019 -49.44% Keybanc $120 → $125 Maintains Overweight
10/30/2019 -55.51% Deutsche Bank $105 → $110 Downgrades Buy → Hold
09/06/2019 Longbow Research Upgrades Underperform → Neutral
09/06/2019 -55.91% Keybanc $107 → $109 Maintains Overweight
08/27/2019 -56.72% Keybanc $110 → $107 Maintains Overweight
07/26/2019 -55.51% Keybanc $100 → $110 Maintains Overweight
05/30/2019 Deutsche Bank Upgrades Hold → Buy
04/26/2019 Jefferies Downgrades Buy → Hold
04/18/2019 Longbow Research Downgrades Neutral → Underperform
01/09/2019 -67.64% Cowen & Co. → $80 Initiates Coverage On → Outperform
12/13/2018 B of A Securities Upgrades Underperform → Neutral

What is the target price for Reliance Steel & Aluminum (RS)?

The latest price target for Reliance Steel & Aluminum (NYSE: RS) was reported by Keybanc on October 27, 2023. The analyst firm set a price target for $285.00 expecting RS to rise to within 12 months (a possible 15.28% upside). 14 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Reliance Steel & Aluminum (RS)?

The latest analyst rating for Reliance Steel & Aluminum (NYSE: RS) was provided by Keybanc, and Reliance Steel & Aluminum maintained their overweight rating.

When is the next analyst rating going to be posted or updated for Reliance Steel & Aluminum (RS)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reliance Steel & Aluminum, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Reliance Steel & Aluminum was filed on October 27, 2023 so you should expect the next rating to be made available sometime around October 27, 2024.

Is the Analyst Rating Reliance Steel & Aluminum (RS) correct?

While ratings are subjective and will change, the latest Reliance Steel & Aluminum (RS) rating was a maintained with a price target of $290.00 to $285.00. The current price Reliance Steel & Aluminum (RS) is trading at is $247.23, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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