Reliance Steel & Aluminum Co. found using ticker (RS) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 157 and 125 with the average target price sitting at 138.2. Given that the stocks previous close was at 148.05 this indicates there is a potential downside of -6.7%. The day 50 moving average is 129.72 and the 200 day moving average is 118.19. The company has a market capitalisation of $9,608m. You can visit the company’s website by visiting: http://www.rsac.com
Reliance Steel & Aluminum Co. operates as a metals service center company. The company provides alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products and processing services to general manufacturing, non-residential construction, transportation, aerospace and defense, energy, electronics and semiconductor fabrication, and heavy industries. It also offers precision sheet metal fabrication services, including laser cutting, stamping, turret punching, machining, and powder coating and welding; and toll processing and logistics services. The company operated approximately 300 metals service center processing and distribution facilities in 40 states in the United States and 13 in other countries. It sells its products directly to large original equipment manufacturers, and small machine shops, and fabricators. The company operates in the United States, Australia, Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates, and the United Kingdom. Reliance Steel & Aluminum Co. was founded in 1939 and is headquartered in Los Angeles, California.
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