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Reliance - RS Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $365.67
  • Forecasted Upside: 14.45%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$319.49 As of 04/19/2024 01:00 AM ET
▼ -0.67 (-0.21%)

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 $365.67
▲ +14.45% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Reliance in the last 3 months. The average price target is $365.67, with a high forecast of $380.00 and a low forecast of $355.00. The average price target represents a 14.45% upside from the last price of $319.49.

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 Moderate Buy

The current consensus among 4 contributing investment analysts is to moderate buy stock in Reliance. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/11/2024CitigroupDowngradeBuy ➝ Neutral$280.00 ➝ $380.00Low
2/20/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$295.00 ➝ $355.00Low
2/16/2024KeyCorpBoost TargetOverweight ➝ Overweight$300.00 ➝ $362.00Low
10/27/2023KeyCorpLower TargetOverweight ➝ Overweight$290.00 ➝ $285.00Low
10/17/2023KeyCorpLower TargetOverweight ➝ Overweight$300.00 ➝ $290.00Low
4/28/2023Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
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
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.50 (Hold)

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
  • 19 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 17 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 8 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 20 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 29 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/19/2024
  • 25 very positive mentions
  • 24 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
3/20/2024
  • 24 very positive mentions
  • 73 positive mentions
  • 9 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 24 very positive mentions
  • 73 positive mentions
  • 9 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 logo
Reliance, Inc. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Scottsdale, Arizona.
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Today's Range

Now: $319.49
Low: $315.00
High: $322.83

50 Day Range

MA: $324.38
Low: $289.06
High: $340.00

52 Week Range

Now: $319.49
Low: $229.12
High: $342.20

Volume

223,702 shs

Average Volume

237,564 shs

Market Capitalization

$18.35 billion

P/E Ratio

14.13

Dividend Yield

1.36%

Beta

0.87

Frequently Asked Questions

What sell-side analysts currently cover shares of Reliance?

The following Wall Street sell-side analysts have issued stock ratings on Reliance in the last year: BMO Capital Markets, Citigroup Inc., KeyCorp, StockNews.com, and Wolfe Research.
View the latest analyst ratings for RS.

What is the current price target for Reliance?

3 Wall Street analysts have set twelve-month price targets for Reliance in the last year. Their average twelve-month price target is $365.67, suggesting a possible upside of 15.0%. Citigroup Inc. has the highest price target set, predicting RS will reach $380.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $355.00 for Reliance in the next year.
View the latest price targets for RS.

What is the current consensus analyst rating for Reliance?

Reliance currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for RS.

What other companies compete with Reliance?

Other companies that are similar to Reliance include Westlake, Celanese, ArcelorMittal, Cameco and Gold Fields. Learn More about companies similar to Reliance.

How do I contact Reliance's investor relations team?

Reliance'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 is www.rsac.com. Learn More about contacing Reliance investor relations.