RBC Capital Maintains Sector Perform on Russel Metals, Raises Price Target to C$42
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Alexander Jackson maintains a 'Sector Perform' rating on Russel Metals and raises the price target from C$40 to C$42.
August 14, 2023 | 2:53 pm
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RBC Capital maintains a 'Sector Perform' rating on Russel Metals and raises the price target from C$40 to C$42.
The news is directly related to Russel Metals. The 'Sector Perform' rating indicates that the analyst expects the company to perform in line with the expectations of the market sector. The increase in price target from C$40 to C$42 suggests a positive outlook, but it's not a significant increase, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100