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Reliance Steel & Aluminum Given Consensus Rating of "Buy" by Brokerages

2015-06-03 19:04:53| Steel - Topix.net

Reliance Steel & Aluminum has been given a consensus rating of "Buy" by the eleven brokerages that are presently covering the company, Market Beat reports . Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company.

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Reliance Steel & Aluminum Sees Large Decrease in Short Interest

2015-05-27 11:10:52| Steel - Topix.net

Reliance Steel & Aluminum was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 1,114,645 shares, a decline of 41.9% from the April 15th total of 1,917,288 shares, American Banking News reports.

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Reliance Steel Rallies on Earnings but Is Still 'Undervalued'

2015-04-25 01:02:08| Steel - Topix.net

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Reliance Steel & Aluminum (RS) Stock Lower Today After Ratings Downgrade

2015-04-14 21:19:01| Steel - Topix.net

The firm said it reduced its rating on the metal services center company as it believes Reliance Steel & Aluminum is leveraged to lower pricing forecasts. "We see 75% of RS's book of business under greater NT pricing pressure than we previously envisioned in our mid-1Q upgrade and our margin inflection more delayed, including weaker 2Q FIFO results," Keybanc said in an analyst note.

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