Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Stelco (TSE:STLC - Get Rating) had its target price hoisted by investment analysts at Stifel Nicolaus from C$39.00 to C$40.00 in a report issued on Friday, BayStreet.CA reports. Stifel Nicolaus' price target indicates a potential upside of 7.96% from the company's current price.

STLC has been the topic of a number of other research reports. Eight Capital lowered their target price on shares of Stelco from C$63.85 to C$53.70 and set a "buy" rating on the stock in a research note on Wednesday, July 27th. JPMorgan Chase & Co. lowered their target price on shares of Stelco from C$75.00 to C$73.00 in a research note on Thursday, August 4th. National Bankshares upped their target price on shares of Stelco from C$51.00 to C$55.00 in a research note on Wednesday, July 13th. BMO Capital Markets lowered their target price on shares of Stelco from C$71.00 to C$62.00 in a research note on Thursday, May 19th. Finally, Royal Bank of Canada lowered their target price on shares of Stelco from C$62.00 to C$48.00 and set a "sector perform" rating on the stock in a research note on Thursday, July 14th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$54.89.Stelco Stock Performance

Shares of STLC traded up C$1.03 during trading hours on Friday, reaching C$37.05. 149,646 shares of the company traded hands, compared to its average volume of 390,531. The stock's fifty day moving average is C$35.09 and its 200 day moving average is C$40.70. The stock has a market cap of C$2.54 billion and a P/E ratio of 1.71. The company has a debt-to-equity ratio of 30.44, a quick ratio of 1.27 and a current ratio of 1.86. Stelco has a 1-year low of C$30.20 and a 1-year high of C$56.99. About Stelco (Get Rating)

Stelco Holdings Inc is Canada-based company and owner of one of the technologically advanced integrated steelmaking facilities in North America. The Company produce flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products as well as metallurgical coke. With gauge, crown, and shape control, as well as reliable uniformity of mechanical properties, The Company's steel products are supplied to customers in the construction, automotive and energy industries across Canada and the United States, as well as to a variety of steel service centers, which are regional distributors of steel products.Further ReadingWhat Is WallStreetBets and What Stocks Are They Targeting?Institutions And Analysts Propel Jack In The Box Higher Can You Guess Which EV Stock Is Beating Tesla ?Look at Honeywell for a Steady and Diversified StockWhy Invest in High-Yield Dividend Stocks?

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Stelco, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stelco wasn't on the list.

While Stelco currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

What investors can learn from studying the past, as well as offering some ideas about asset classes with future potential.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.