Culture

(NYSE:RS) Upgraded to Hold at BidaskClub

(NYSE:RS) Upgraded to Hold at BidaskClub”

Acadian Asset Management LLC increased its position in Reliance Steel & Aluminum Co.by 17.0% in the first quarter. Abb Ltd now has $54.46B valuation. (RS) traded down 1.02% during trading on Friday, reaching $72.53. It has outperformed by 103.79% the S&P500. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Therefore 25% are positive.

If investors are looking for a solid dividend stock with upside potential, Reliance Steel & Aluminum Co.

Over the past 50 days, Reliance Steel & Aluminum Co. stock's -10.77% off of the high and 5.92% removed from the low. The rating was maintained by Jefferies on Tuesday, May 30 with "Hold". The stock of Reliance Steel & Aluminum Co (NYSE:RS) has "Neutral" rating given on Tuesday, November 29 by Macquarie Research. The company was upgraded on Tuesday, October 18 by Clarksons Platou. The firm has "Neutral" rating by Bank of America given on Friday, February 19. As per Tuesday, March 14, the company rating was upgraded by Macquarie Research. The firm has "Neutral" rating given on Thursday, April 28 by Rosenblatt. Pacific Crest upgraded Expedia Inc (NASDAQ:EXPE) on Thursday, October 20 to "Overweight" rating.

04/28/2017 - Reliance Steel & Aluminum Co. had its "hold" rating reiterated by analysts at Jefferies.

Shelton Capital Management decreased Bank Amer Corp (NYSE:BAC) stake by 38,904 shares to 300,683 valued at $6.65M in 2016Q4.

ILLEGAL ACTIVITY WARNING: This story was originally reported by Markets Daily and is owned by of Markets Daily.

Among 13 analysts covering Six Flags Entertainment (NYSE:SIX), 8 have Buy rating, 0 Sell and 5 Hold.

Ratings analysis reveals 67% of Equifax's analysts are positive. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Six Flags Entertainment had 22 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Benchmark with "Buy" on Monday, February 13. The firm has "Long-Term Buy" rating by Hilliard Lyons given on Tuesday, August 23. The stock of Six Flags Entertainment Corp (NYSE:SIX) has "Equal-Weight" rating given on Tuesday, April 19 by Stephens. As per Wednesday, April 6, the company rating was maintained by Oppenheimer. The firm has "Buy" rating given on Friday, March 24 by Morgan Stanley. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, July 31. Jefferies Ltd Company has 109,371 shares. The stock has "Underweight" rating by JP Morgan on Tuesday, September 22. Mckinley Capital Management LLC Delaware now owns 3,521 shares of the industrial products company's stock worth $282,000 after buying an additional 401 shares during the period. RS's profit will be $115.94M for 11.45 P/E if the $1.60 EPS becomes a reality. After $1.52 actual earnings per share reported by Reliance Steel & Aluminum Co for the previous quarter, Wall Street now forecasts 5.26% EPS growth.

Since February 21, 2017, it had 0 insider purchases, and 4 selling transactions for $2.97 million activity.

Guardian Capital Lp increased Cenovus Energy Inc (NYSE:CVE) stake by 1.28 million shares to 9.57M valued at $144.76 million in 2016Q4. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.45%. $493,500 worth of stock was sold by HAYES DOUGLAS M on Tuesday, March 7. MOLLINS GREGG J sold $116,297 worth of stock or 1,434 shares.

Investors sentiment decreased to 0.91 in Q4 2016. Its down 0.19, from 1.1 in 2016Q3. On average, equities research analysts expect that Reliance Steel & Aluminum Co. will post $5.36 earnings per share for the current year. 45 funds opened positions while 100 raised stakes. Fmr Limited Com reported 0% stake. Raymond James And stated it has 15,477 shares or 0% of all its holdings. Investors of record on Friday, May 26th were paid a dividend of $0.45 per share. Bank of America Corporation raised Reliance Steel & Aluminum Co. from a "neutral" rating to a "buy" rating and set a $88.00 price objective on the stock in a research note on Tuesday, May 23rd. The Unknown-based Mckinley Cap Limited Liability Co Delaware has invested 0.01% in Reliance Steel & Aluminum Co (NYSE:RS).

Reliance Steel & Aluminium Company (NYSE:RS) had an increase of 11.1% in short interest. Bank of America upgraded Reliance Steel & Aluminum Co (NYSE:RS) on Tuesday, September 8 to "Buy" rating. Rhumbline Advisers holds 0.03% or 131,652 shares in its portfolio. Bowling Mngmt Ltd Liability holds 0.36% or 30,637 shares in its portfolio. Blackrock Management Lc holds 0.05% or 491,608 shares in its portfolio. Prudential holds 0.09% or 697,160 shares. Eagle Asset has invested 0.03% of its portfolio in Reliance Steel & Aluminum Co (NYSE:RS).

A number of large investors have recently added to or reduced their stakes in RS. CrestPoint Capital Management LLC acquired a new stake in Reliance Steel & Aluminum Co. during the first quarter valued at approximately $208,000. The stock of Reliance Steel & Aluminum Co (NYSE:RS) earned "Hold" rating by Deutsche Bank on Wednesday, March 23. Reliance Steel & Aluminum Co.'s P/E ratio is 16.42. As of December 31, 2016, it provided metals processing services and distributes a range of more than 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products in a range of industries.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

Latest


10 July 2017
Citigroup Upgrades Rating On Palo Alto Networks, Inc. (PANW)
ValuEngine upgraded shares of Palo Alto Networks from a "sell" rating to a "hold" rating in a research note on Tuesday, June 27th. Over the last five days, shares have managed 1.08% gains and now is up 1.66% since hitting its 200-day moving average of $127.52.

10 July 2017
CME divests Croatia, Slovenia operations for €230m
The portfolio includes terrestrial TV channels Nova TV, Doma TV, POP TV and Kanal A, as well as several cable TV channels. Croatia and Slovenia are the two smallest markets for CME , whose largest operations are in Czech Republic and Romania.

10 July 2017
Vivo V5s Energetic Blue variant launched exclusively on Flipkart for INR 17990
Connectivity options are Wi-Fi 802.11 a/b/g/n, Bluetooth 4.0, 3.5mm audio jack, MicroUSB 2.0, and Global Positioning System . The smartphone maker now launches a new colour of its recently announced smartphone - Vivo V5S called - the Energetic Blue.

10 July 2017
Man United target wants to leave Monaco this summer
United have focused their efforts on signing a striker as the priority, with a £75million fee reportedly agreed with Everton. It is also claimed in the same report that Fabinho is a transfer target for Arsenal this summer.

10 July 2017
Real Betis midfielder Dani Ceballos to undergo medical for Real Madrid
Real Madrid are saying that there is an agreement with them. "Both clubs are talking, in hours or days we will have news".

10 July 2017
True Blood actor Nelsan Ellis dies, aged 39
As soon as the tragic news broke, fans and cast mates of Ellis reacted by sharing their condolences and shock on social media. He recalled how he struggled for his first few years but has credited this struggle to the artist he became.

10 July 2017
Why you should ignore this Facebook hacker hoax
However, it is unlikely, though not impossible, that hackers would be able to target people using a Facebook message. In earlier versions, names such as Anwar Jitou, Tanner Dwyer and Bobby Roberts have been used in place of Jayden.

10 July 2017
Amazon's Newest Product Is Human Workers It Sends to Your House
For example, the price to set up and personalize an Amazon Fire TV is $10, while an ecobee3 Smart Thermostat installation is $99. If Amazon sinks its teeth into this business, it may drive customers to buy products from Amazon instead of from a Best Buy.

10 July 2017
NASA to fly Juno craft over Jupiter storm
The data collection of the Great Red Spot is part of Juno's sixth science flyby over Jupiter's mysterious cloud tops. Nasa's Juno spacecraft is set make history as it flies over Jupiter's iconic Great Red Spot for the first time ever.

10 July 2017
Limited Edition Destiny 2 white PS4 Pro bundle launching on September 6th
While some fans may be disappointed that the game doesn't run at 60fps on the PS4 Pro, Bungie has already commented on the news . The PS4 Pro will offer the best possible console experience on launch day, running the game at a 4K resolution and 30fps.



Recommended