Analysts Offer Insights on Materials Companies: Reliance Steel (RS) and Boise Cascade (BCC)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Reliance Steel (RS) and Boise Cascade (BCC).
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Reliance Steel (RS)
In a report released today, Timna Tanners from Wells Fargo maintained a Hold rating on Reliance Steel, with a price target of $343.00. The company’s shares closed last Friday at $349.52.
According to TipRanks.com, Tanners is a 4-star analyst with an average return of
Currently, the analyst consensus on Reliance Steel is a Moderate Buy with an average price target of $334.86, a -3.3% downside from current levels. In a report issued on April 22, Goldman Sachs also maintained a Hold rating on the stock with a $300.00 price target.
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Boise Cascade (BCC)
D.A. Davidson analyst Kurt Yinger maintained a Buy rating on Boise Cascade today and set a price target of $95.00. The company’s shares closed last Friday at $84.21.
According to TipRanks.com, Yinger is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boise Cascade with a $93.00 average price target, which is an 11.3% upside from current levels. In a report issued on April 15, Truist Financial also maintained a Buy rating on the stock with a $100.00 price target.
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