Russel Metals (OTCMKTS:RUSMF) Price Target Lowered to C$42.00 at Stifel Nicolaus

Russel Metals (OTCMKTS:RUSMF – Get Rating) had its price objective decreased by Stifel Nicolaus from C$42.50 to C$42.00 in a research note issued to investors on Thursday morning, The Fly reports.

Several other equities research analysts also recently commented on RUSMF. BMO Capital Markets upped their price objective on shares of Russel Metals from C$34.00 to C$36.00 in a report on Tuesday, May 9th. Raymond James lifted their price objective on shares of Russel Metals from C$36.00 to C$44.00 in a research note on Monday, February 13th. TD Securities boosted their target price on shares of Russel Metals from C$37.00 to C$39.00 in a report on Tuesday. Finally, Scotiabank raised their price target on Russel Metals from C$37.50 to C$38.00 in a report on Monday, February 13th.

Russel Metals Stock Up 1.2 %

Shares of OTCMKTS RUSMF opened at $26.45 on Thursday. Russel Metals has a one year low of $17.67 and a one year high of $27.58. The business’s fifty day moving average price is $24.90 and its 200-day moving average price is $23.67.

Russel Metals Company Profile

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Russel Metals, Inc engages in the distribution and processing of steel products. It operates through the following business segments: Metals Service Centers, Energy Products, and Steel Distributors. The Metals Service Centers segment provides processing and distribution services to a broad base of customers.