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Reliance Steel & Aluminum - RS Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $261.20
  • Forecasted Upside: 4.44%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$250.09 As of 03/23/2023 01:00 AM ET
▲ +2.58 (1.04%)

This chart shows the closing price for RS by one month, three months, or twelve months.

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Analyst Price Target for RS

Analyst Price Target is $261.20
▲ +4.44% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Reliance Steel & Aluminum in the last 3 months. The average price target is $261.20, with a high forecast of $280.00 and a low forecast of $226.00. The average price target represents a 4.44% upside from the last price of $250.09.

This chart shows the closing price for RS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 contributing investment analysts is to buy stock in Reliance Steel & Aluminum. This rating has held steady since July 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/29/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/28/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/28/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/21/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2023

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/10/2023The Goldman Sachs GroupBoost TargetNeutral$245.00 ➝ $270.00Low
2/17/2023KeyCorpBoost TargetOverweight$235.00 ➝ $265.00Low
2/17/2023The Goldman Sachs GroupBoost TargetNeutral$216.00 ➝ $245.00Low
2/17/2023CitigroupBoost TargetBuy$230.00 ➝ $280.00Low
2/17/2023BMO Capital MarketsBoost Target$235.00 ➝ $265.00Low
1/25/2023KeyCorpBoost TargetOverweight$225.00 ➝ $235.00Low
1/4/2023Bank of AmericaInitiated CoverageNeutral ➝ NeutralLow
11/22/2022KeyCorpBoost TargetOverweight$210.00 ➝ $225.00Low
10/28/2022KeyCorpBoost TargetOverweight$207.00 ➝ $210.00Low
10/6/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$218.00 ➝ $201.00Low
8/15/2022BMO Capital MarketsInitiated CoverageOutperform$230.00Low
7/19/2022KeyCorpLower TargetOverweight$215.00 ➝ $207.00Low
7/12/2022The Goldman Sachs GroupLower Target$234.00 ➝ $218.00N/A
5/31/2022The Goldman Sachs GroupLower Target$244.00 ➝ $234.00High
4/29/2022CitigroupBoost Target$200.00 ➝ $230.00Low
4/28/2022Wolfe ResearchUpgradeMarket Perform ➝ Outperform$226.00Low
4/20/2022KeyCorpBoost TargetOverweight$200.00 ➝ $215.00Medium
4/14/2022Exane BNP ParibasUpgradeNeutral ➝ OutperformMedium
4/14/2022BNP ParibasUpgradeNeutral ➝ OutperformMedium
2/22/2022KeyCorpBoost TargetOverweight$180.00 ➝ $200.00Low
1/28/2022Wolfe ResearchUpgradeUnderperform ➝ Market Perform$156.00 ➝ $159.00Low
1/19/2022KeyCorpBoost TargetOverweight$175.00 ➝ $180.00Low
11/23/2021KeyCorpBoost TargetOverweight$165.00 ➝ $175.00Medium
11/16/2021Wolfe ResearchInitiated CoverageUnderperform$158.00High
11/3/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$162.00 ➝ $190.00High
10/14/2021KeyCorpUpgradeSector Weight ➝ Overweight$165.00Low
10/6/2021The Goldman Sachs GroupLower TargetNeutral$185.00 ➝ $162.00Low
9/15/2021Deutsche Bank AktiengesellschaftUpgradeHold$165.00 ➝ $175.00High
8/23/2021Seaport Res PtnReiterated RatingBuyMedium
7/26/2021CitigroupUpgradeNeutral ➝ Buy$160.00 ➝ $200.00Medium
7/1/2021Deutsche Bank AktiengesellschaftBoost TargetHold$152.00 ➝ $162.00Medium
6/16/2021JPMorgan Chase & Co.Initiated CoverageOverweight$181.00High
4/29/2021Deutsche Bank AktiengesellschaftBoost TargetHold$136.00 ➝ $152.00N/A
4/23/2021CitigroupBoost Target$135.00 ➝ $160.00Low
4/23/2021Deutsche Bank AktiengesellschaftBoost TargetHold$136.00 ➝ $152.00Medium
4/9/2021The Goldman Sachs GroupInitiated CoverageNeutral$153.00Low
2/19/2021CitigroupBoost Target$120.00 ➝ $135.00Low
1/8/2021Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$123.00Medium
10/23/2020Bank of AmericaUpgradeNeutral ➝ Buy$123.00Low
8/4/2020Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$90.00 ➝ $115.00Low
7/29/2020CitigroupBoost TargetNeutral$90.00 ➝ $115.00Low
4/24/2020CitigroupLower TargetNeutral$125.00 ➝ $90.00Medium
4/17/2020JPMorgan Chase & Co.Lower TargetNeutral$117.00 ➝ $99.00Medium
3/30/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$119.00 ➝ $96.00High
3/24/2020KeyCorpLower TargetOverweight$121.00 ➝ $88.00High
2/21/2020KeyCorpLower TargetOverweight$125.00 ➝ $121.00Medium
1/21/2020CowenDowngradeOutperform ➝ Market Perform$123.00 ➝ $122.00High
11/14/2019BNP ParibasInitiated CoverageHold$117.00Low
11/14/2019Exane BNP ParibasInitiated CoverageNeutral$117.00Low
10/30/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$105.00 ➝ $110.00Low
10/29/2019CowenReiterated RatingOutperform$107.00 ➝ $123.00Low
10/25/2019Bank of AmericaSet TargetHold$115.00Low
9/6/2019Longbow ResearchUpgradeUnderperform ➝ NeutralLow
9/6/2019KeyCorpBoost TargetOverweight$107.00 ➝ $109.00Low
8/27/2019KeyCorpLower TargetOverweight$110.00 ➝ $107.00Medium
7/26/2019CitigroupSet TargetHold$104.00Medium
7/26/2019CowenSet TargetBuy$108.00N/A
7/26/2019KeyCorpBoost TargetOverweight$100.00 ➝ $110.00High
7/11/2019Deutsche Bank AktiengesellschaftSet TargetBuy$100.00High
6/26/2019CowenSet TargetBuy$100.00Medium
5/31/2019Bank of AmericaReiterated RatingNeutral$98.00Low
5/30/2019Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$84.82Low
5/20/2019CitigroupSet TargetHold$98.00Medium
4/26/2019Jefferies Financial GroupDowngradeBuy ➝ Hold$105.00 ➝ $100.00Low
4/18/2019Longbow ResearchDowngradeNeutral ➝ Underperform$76.00Medium
2/26/2019CowenReiterated RatingOutperform ➝ Outperform$80.00 ➝ $95.00Low
1/8/2019CowenInitiated CoverageOutperform ➝ Outperform$80.00Low
12/13/2018Bank of AmericaUpgradeUnderperform ➝ Neutral$84.00Low
11/30/2018KeyCorpReiterated RatingBuy$90.00Low
10/26/2018MacquarieSet TargetBuy$96.00Low
10/22/2018Longbow ResearchDowngradeBuy ➝ NeutralLow
10/2/2018CitigroupDowngradeBuy ➝ HoldMedium
10/2/2018Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$100.00 ➝ $90.00Medium
9/17/2018CitigroupInitiated CoverageNeutral ➝ Neutral$90.00Low
9/10/2018KeyCorpLower TargetOverweight ➝ Buy$100.00 ➝ $97.00Low
9/7/2018Bank of AmericaDowngradeBuy ➝ Underperform$90.00High
7/27/2018JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$100.00 ➝ $105.00Medium
7/10/2018Jefferies Financial GroupUpgradeHold ➝ Buy$72.00Medium
6/14/2018KeyCorpBoost TargetOverweight ➝ Overweight$97.00 ➝ $100.00Medium
4/30/2018CowenBoost TargetOutperform$107.00 ➝ $112.00Medium
3/29/2018Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$100.00 ➝ $98.00Medium
(Data available from 3/23/2018 forward)

News Sentiment Rating

0.81 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/25/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/24/2022
  • 9 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/24/2022
  • 5 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/23/2022
  • 13 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/23/2022
  • 13 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/22/2023
  • 16 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/21/2023
  • 20 very positive mentions
  • 10 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
3/23/2023

Current Sentiment

  • 20 very positive mentions
  • 10 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Reliance Steel & Aluminum logo
Reliance Steel & Aluminum Co. engages in the provision of a metal distribution center. It offers alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. The company was founded by Thomas J. Neilan on February 3, 1939, and is headquartered in Scottsdale, AZ.
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Today's Range

Now: $250.09
Low: $247.03
High: $253.89

50 Day Range

MA: $237.66
Low: $210.69
High: $263.48

52 Week Range

Now: $250.09
Low: $160.29
High: $264.42

Volume

409,302 shs

Average Volume

568,574 shs

Market Capitalization

$14.75 billion

P/E Ratio

8.39

Dividend Yield

1.60%

Beta

0.89

Frequently Asked Questions

What sell-side analysts currently cover shares of Reliance Steel & Aluminum?

The following Wall Street sell-side analysts have issued stock ratings on Reliance Steel & Aluminum in the last year: Bank of America Co., BMO Capital Markets, BNP Paribas, Citigroup Inc., Exane BNP Paribas, KeyCorp, StockNews.com, The Goldman Sachs Group, Inc., and Wolfe Research.
View the latest analyst ratings for RS.

What is the current price target for Reliance Steel & Aluminum?

5 Wall Street analysts have set twelve-month price targets for Reliance Steel & Aluminum in the last year. Their average twelve-month price target is $261.20, suggesting a possible upside of 4.4%. Citigroup Inc. has the highest price target set, predicting RS will reach $280.00 in the next twelve months. Wolfe Research has the lowest price target set, forecasting a price of $226.00 for Reliance Steel & Aluminum in the next year.
View the latest price targets for RS.

What is the current consensus analyst rating for Reliance Steel & Aluminum?

Reliance Steel & Aluminum currently has 2 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe RS will outperform the market and that investors should add to their positions of Reliance Steel & Aluminum.
View the latest ratings for RS.

What other companies compete with Reliance Steel & Aluminum?

Other companies that are similar to Reliance Steel & Aluminum include Zebra Technologies, Avery Dennison, Axon Enterprise, Amcor and IDEX. Learn More about companies similar to Reliance Steel & Aluminum.

How do I contact Reliance Steel & Aluminum's investor relations team?

Reliance Steel & Aluminum's physical mailing address is 350 South Grand Avenue Suite 5100, LOS ANGELES CA, 90071. The industrial products company's listed phone number is (480) 564-5700 and its investor relations email address is [email protected] The official website for Reliance Steel & Aluminum is www.rsac.com. Learn More about contacing Reliance Steel & Aluminum investor relations.