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Jefferies downgrades Reliance Worldwide Corp. (RLLWF) to a Hold

Tipranks - Tipranks - Fri Aug 21, 7:20AM CDT

Reliance Worldwide Corp. received a Hold rating and a A$4.75 price target from Jefferies analyst Ramoun Lazar today.

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According to TipRanks, Lazar is a 3-star analyst with an average return of 5.4% and a 59.57% success rate. Lazar covers the Basic Materials sector, focusing on stocks such as Sims, Bluescope Steel , and Fletcher Building Limited.

In addition to Jefferies, Reliance Worldwide Corp. also received a Hold from Citi’s Samuel Seow in a report issued yesterday. However, on August 4, Jarden maintained a Buy rating on Reliance Worldwide Corp. (Other OTC: RLLWF).

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The company has a one-year high of A$4.53 and a one-year low of A$2.86. Currently, Reliance Worldwide Corp. has an average volume of 3.45M.

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