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

Stelco (TSE:STLC - Get Rating) had its price target lowered by analysts at Stifel Nicolaus from C$41.00 to C$37.00 in a report released on Wednesday, BayStreet.CA reports. Stifel Nicolaus' price target would indicate a potential upside of 13.25% from the stock's previous close.

STLC has been the subject of several other research reports. Eight Capital decreased their target price on Stelco from C$63.85 to C$53.70 and set a "buy" rating for the company in a research note on Wednesday, July 27th. Scotiabank boosted their target price on Stelco from C$43.00 to C$44.00 in a research report on Tuesday, September 13th. BMO Capital Markets reduced their price objective on Stelco from C$53.00 to C$49.00 and set an "outperform" rating on the stock in a research report on Wednesday, September 14th. JPMorgan Chase & Co. dropped their price target on Stelco from C$75.00 to C$73.00 in a research note on Thursday, August 4th. Finally, Royal Bank of Canada lowered their target price on Stelco from C$48.00 to C$47.00 and set a "sector perform" rating for the company in a research note on Friday, August 12th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Stelco currently has an average rating of "Moderate Buy" and an average price target of C$53.37.Stelco Price Performance

Shares of Stelco stock traded down C$0.30 on Wednesday, hitting C$32.67. 72,725 shares of the company were exchanged, compared to its average volume of 384,090. Stelco has a 1-year low of C$30.20 and a 1-year high of C$56.99. The stock has a market capitalization of C$2.07 billion and a price-to-earnings ratio of 1.32. The company has a 50-day moving average price of C$35.39 and a 200 day moving average price of C$40.45. The company has a quick ratio of 1.89, a current ratio of 2.49 and a debt-to-equity ratio of 32.02. 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.See AlsoGeneral Mills: Superior Returns With Less Volatility 3 Defensive Stocks With 60-Year Dividend Hike Streaks3 Airline Stocks Stuck in a Holding PatternRoku Stock is Down but Not Out If You’re Hungry for Value, Take a Bite on Ruth's Hospitality Grp

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:

ETF portfolio manager, Dave Gilreath offers a perspective on “dividend achievers” and why these deserve a role in your portfolio

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.