In a report released yesterday, Ian Gillies from Stifel Nicolaus maintained a Buy rating on Algoma Steel Group (ASTL – Research Report), with a price target of C$19.00. The company’s shares closed yesterday at $8.67.
According to TipRanks, Gillies is an analyst with an average return of -3.7% and a 47.33% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Algoma Steel Group with a $12.11 average price target.
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The company has a one-year high of $10.25 and a one-year low of $6.31. Currently, Algoma Steel Group has an average volume of 681K.
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Algoma Steel Group (ASTL) Company Description:
Legato Merger Corp is a blank check company.
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