TD Investment Conclusion - reiterates buy (today)
We are encouraged by healthy demand trends within Russel's Metals Service Centers and Energy Products segments. While steel prices are expected to remain generally range bound over the near term, we expect RUS to continue benefiting from higher y/y pricing gains in H2/18. Finally, we see the stock's valuation and its 5.1% dividend yield as other attractive attributes.
We reiterate our BUY rating