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Nucor Co. to Post FY2017 Earnings of $2.19 Per Share, Jefferies Group Forecasts
2016-03-23 00:44:16| Steel - Topix.net
Stock analysts at Jefferies Group reduced their FY2017 earnings per share estimates for Nucor in a research report issued on Monday, Zacks Investment Research reports. Jefferies Group analyst S. Rosenfeld now anticipates that the brokerage will post earnings per share of $2.19 for the year, down from their previous estimate of $2.43.
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Reliance Steel & Aluminum Co (RS) Downgraded to "Hold" at Jefferies Group
2016-03-22 08:08:30| Steel - Topix.net
Several institutional investors have modified their holdings of the company. Nationwide Fund Advisors boosted its position in shares of Reliance Steel & Aluminum Co by 1.1% in the fourth quarter.
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Jefferies Group Raises Steel Dynamics, Inc. (STLD) Price Target to $25.50
2016-03-21 23:47:36| Steel - Topix.net
Jefferies Group's price objective points to a potential upside of 16.49% from the stock's current price. STLD has been the topic of a number of other reports.
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Olympic Steel, Inc. (ZEUS) Stock Rating Lowered by Jefferies Group
2016-03-21 23:47:35| Steel - Topix.net
They currently have a $16.00 price target on the stock. Jefferies Group's price objective would suggest a potential downside of 5.21% from the company's current price.
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Jefferies Downgrades Steel Giants En Masse
2016-03-21 23:47:34| Steel - Topix.net
Despite recent evidence that the steel market is improving, bolstered by near-term upside, Jefferies issued an industry note, broadly downgrading top steel companies. Jefferies cited seasonal restocking, demand growth and "mounting protectionist trade barriers" as all near-term tailwinds.
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