NASDAQ:SCHN - Schnitzer Steel Industries Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $35.00
  • Forecasted Upside: -7.80 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$37.96
▲ +1.07 (2.90%)
1 month | 3 months | 12 months
Get New Schnitzer Steel Industries Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for SCHN and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for SCHN

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$35.00
▼ -7.80% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Schnitzer Steel Industries in the last 3 months. The average price target is $35.00, with a high forecast of $35.00 and a low forecast of $35.00. The average price target represents a -7.80% upside from the last price of $37.96.
Buy
The current consensus among 1 investment analysts is to buy stock in Schnitzer Steel Industries. This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/2/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/1/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/29/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/29/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
8/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/25/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/24/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/22/2020KeyCorpBoost Price TargetOverweight$28.00 ➝ $35.00Medium
i
11/20/2020KeyCorpUpgradeSector Weight ➝ Overweight$28.00Medium
i
10/10/2019CowenLower Price TargetMarket Perform$22.00 ➝ $21.00High
i
9/27/2019MacquarieSet Price TargetHold$23.00Low
i
Rating by David Lipschitz at Macquarie
9/22/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$27.00 ➝ $23.00High
i
6/25/2019CowenReiterated RatingMarket Perform ➝ Market Perform$24.00 ➝ $25.00Low
i
Rating by Tyler Kenyon at Cowen Inc
4/9/2019CowenSet Price TargetHold$27.00High
i
Rating by Tyler Kenyon at Cowen Inc
2/20/2019CowenSet Price TargetHold$25.00Medium
i
Rating by Tyler Kenyon at Cowen Inc
1/14/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$33.00 ➝ $27.00High
i
1/8/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$24.00High
i
10/25/2018MacquarieSet Price TargetHold$29.00Medium
i
Rating by David Lipschitz at Macquarie
9/28/2018MacquarieLower Price TargetNeutral ➝ Hold$37.00 ➝ $28.00Low
i
8/15/2018Morgan StanleyDowngradeEqual Weight ➝ Underweight$38.00 ➝ $26.00High
i
7/6/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$36.00 ➝ $38.00High
i
3/20/2018The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$42.00Low
i
10/31/2017Morgan StanleyBoost Price TargetEqual Weight$27.00 ➝ $29.00N/A
i
10/11/2017KeyCorpReiterated RatingHoldN/A
i
Rating by Philip Gibbs at KeyCorp
9/6/2017MacquarieInitiated CoverageNeutral ➝ Neutral$26.00Low
i
10/4/2016DA DavidsonReiterated RatingHoldN/A
i
Rating by Brent Thielman at DA Davidson
4/2/2016DA DavidsonReiterated RatingHoldN/A
i
Rating by Brent Thielman at DA Davidson
4/1/2016DA DavidsonBoost Price TargetNeutral$15.00 ➝ $18.00N/A
i
(Data available from 2/24/2016 forward)
Schnitzer Steel Industries logo
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. The company operates in two segments, Auto and Metals Recycling (AMR), and Cascade Steel and Scrap (CSS). The AMR segment acquires, processes, and recycles scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting. This segment offers ferrous recycled scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, and shredded insulated wires, as well as aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. It sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 50 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies. The CSS segment produces various finished steel products using ferrous recycled scrap metal and other raw materials. It provides semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.
Read More

Today's Range

Now: $37.96
$36.91
$38.26

50 Day Range

MA: $33.46
$29.11
$39.21

52 Week Range

Now: $37.96
$10.09
$42.19

Volume

225,226 shs

Average Volume

302,245 shs

Market Capitalization

$1.03 billion

P/E Ratio

63.27

Dividend Yield

2.03%

Beta

1.37

Frequently Asked Questions

What sell-side analysts currently cover shares of Schnitzer Steel Industries?

The following Wall Street sell-side analysts have issued research reports on Schnitzer Steel Industries in the last twelve months: KeyCorp, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for SCHN.

What is the current price target for Schnitzer Steel Industries?

1 Wall Street analysts have set twelve-month price targets for Schnitzer Steel Industries in the last year. Their average twelve-month price target is $35.00, suggesting a possible downside of 5.1%. KeyCorp has the highest price target set, predicting SCHN will reach $35.00 in the next twelve months. KeyCorp has the lowest price target set, forecasting a price of $35.00 for Schnitzer Steel Industries in the next year.
View the latest price targets for SCHN.

What is the current consensus analyst rating for Schnitzer Steel Industries?

Schnitzer Steel Industries currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SCHN will outperform the market and that investors should add to their positions of Schnitzer Steel Industries.
View the latest ratings for SCHN.

What other companies compete with Schnitzer Steel Industries?

How do I contact Schnitzer Steel Industries' investor relations team?

Schnitzer Steel Industries' physical mailing address is 299 SW CLAY STREET SUITE 350, PORTLAND OR, 97201. The basic materials company's listed phone number is 503-224-9900 and its investor relations email address is [email protected] The official website for Schnitzer Steel Industries is www.schnitzersteel.com.