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Bullboard - Stock Discussion Forum Algoma Steel Group Ord Shs T.ASTL

Alternate Symbol(s):  ASTL | T.ASTL.W | ASTLW

Algoma Steel Group Inc. (Algoma) is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. The Company is a key supplier of steel products to customers in North America and is the only producer of... see more

TSX:ASTL - Post Discussion

Algoma Steel Group Ord Shs > Algoma Steel Group Inc Price Target Raised to C$17.50/Share
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Post by lifeisgood1010 on Mar 03, 2023 3:16pm

Algoma Steel Group Inc Price Target Raised to C$17.50/Share

DJ Algoma Steel Group Inc Price Target Raised to C$17.50/Share From C$15.00 by Stifel Nicolaus
Comment by Stocker46 on Mar 04, 2023 11:57am
Looks like Stelco & Algoma may be getting an unwarranted SP boost from the excellent earnings performances of Nucore & Steel Dynamics. Here's an interesting comparison: 4th Q Data: Nucore  EPS $4.89 (beat consensus by 71 cents per share)    SP performance since reporting - up 13.9% Steel Dynamics  EPS $4.37 (beat consensus by 77 cents per share)   & ...more