Goldman Sachs Upgrades Reliance Steel & Aluminum to Buy, Raises Price Target to $190
Goldman Sachs analyst Emily Chieng upgrades Reliance Steel & Aluminum (NYSE:RS) from Neutral to Buy and raises the price target from $162 to $190.
Reliance Steel & Aluminum Q3 EPS $6.15 Beats $5.95 Estimate, Sales $3.85B Beat $3.74B Estimate
Reliance Steel & Aluminum (NYSE:RS) reported quarterly earnings of $6.15 per share which beat the analyst consensus estimate of $5.95 by 3.36 percent. This is a 228.88 percent increase over earnings of $1.87 per share
Earnings Scheduled For October 28, 2021
Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.
What Does Reliance Steel & Aluminum’s Debt Look Like?
Over the past three months, shares of Reliance Steel & Aluminum (NYSE:RS) moved lower by 2.74%. Before having a look at the importance of debt, let us look at how much debt Reliance Steel & Aluminum has.
Keybanc Upgrades Reliance Steel & Aluminum to Overweight, Announces $165 Price Target
Keybanc analyst Philip Gibbs upgrades Reliance Steel & Aluminum (NYSE:RS) from Sector Weight to Overweight and announces $165 price target.
Goldman Sachs Maintains Neutral on Reliance Steel & Aluminum, Lowers Price Target to $162
Goldman Sachs analyst Emily Chieng maintains Reliance Steel & Aluminum (NYSE:RS) with a Neutral and lowers the price target from $185 to $162.
Deutsche Bank Maintains Hold on Reliance Steel & Aluminum, Raises Price Target to $175
Deutsche Bank analyst Chris Terry maintains Reliance Steel & Aluminum (NYSE:RS) with a Hold and raises the price target from $165 to $175.