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Stelco Holdings Inc T.STLC


Primary Symbol: STZHF

Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. It produces flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products, as well as pig iron and metallurgical coke. With its gauge, crown, and shape control, as well as uniform through-coil mechanical properties, the Company’s steel products are supplied to customers in the construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States as well as to a variety of steel service centers, which are distributors of steel products. The Company operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.


OTCPK:STZHF - Post by User

Post by forkliftguyon Mar 06, 2021 2:00pm
229 Views
Post# 32736567

Stelco price info

Stelco price infoIn spite of the recent secondary offering , I still like Stelco stock.

On February 23,2021 ,  BMO Capital Markets has an outperforming rating and a 33 dollar target.

On February 24,2021, RBC Canada has an outperform rating and a 29 dollar target .

According to Yahoo ,  Of the 6 analysts covering the stock ,  The avarage earnigs per share  for 2021  is $8.49  .    That works out to  just over 3 times earnings .

The high estimate is $ 12.98 per share .  That works out to just over 2 times earnings .   Nothing guaranteed ,  but with all the infrastructure ,  New  Oil industry demand and New electric cars  being built ,It all looks pretty good  .   Just a retired salesman's opinion .



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