Average Price Target: $39.10
▲ +40.10% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Stelco in the last 3 months. The average price target is $39.10, with a high forecast of $50.00 and a low forecast of $14.50. The average price target represents a 40.10% upside from the last price of $27.91.
The current consensus among 8 polled investment analysts is to buy stock in Stelco. This rating has held steady since July 2020, when it changed from a Hold consensus rating.
Stelco Holdings Inc. produces and sells various steel products in Canada, the United States, and internationally. The company provides flat-rolled value-added steel, including coated, pre-painted, cold-rolled, and hot-rolled steel products, as well as pig iron and metallurgical coke. It sells its products to customers in the appliance, automotive, energy, construction, pipe, and tube industries, as well as to various steel service centers. The company was founded in 1910 and is headquartered in Hamilton, Canada.