Algoma Steel Group Ord Shs T.ASTL

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

Steel Steel Materials

Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, Hot Rolled Sheet - 106'' Mill, AR200, Cold Rolled and Floor Plate. The Company has a raw steel production capacity of an estimated 2.8 million tons per year. Its Direct Strip Production Complex is a thin slab caster coupled with direct hot rolling in North America. In addition, its heat-treated plate facility provides a full range of heat-treated products for abrasion resistant, ballistic and other specialty plate applications.

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Algoma Steel Group Ord Shs > Stifel

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Comment by Possibleidiot01on Sep 28, 2022 7:54pm

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Post# 34993649

RE:Stifel

more downgraded targets

Algoma Steel Group (TSE:ASTL) had its price target lowered by analysts at Stifel Nicolaus from C$14.00 to C$11.25. This represents a 23.8% upside from the current price of C$9.09.
Algoma Steel Group (TSE:ASTL) had its price target lowered by analysts at BMO Capital Markets from C$16.00 to C$14.00. This represents a 54.0% upside from the current price of C$9.09.
Algoma Steel Group (TSE:ASTL) had its price target lowered by analysts at Cormark from C$19.00 to C$16.50. This represents a 81.5% upside from the current price of C$9.09.