Stelco Holdings Inc T.STLC

Alternate Symbol(s): STZHF

Steel Steel

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. The Company produces flat-rolled value-added steels, including coated, cold-rolled, and hot-rolled steel products, as well as pig iron and metallurgical coke. It also provides gauge, crown, and shape control, as well as uniform through-coil mechanical properties. The Company’s steel products are supplied to customers in the steel service center, construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States. It operates from two facilities: Lake Erie Works (LEW) near Nanticoke, Ontario and Hamilton Works (HW) in Hamilton, Ontario.

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Stelco Holdings Inc

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Post by Possibleidiot01on Feb 23, 2024 3:09pm

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Post# 35896308

three analysts

Stelco (TSE:STLC) was upgraded by analysts at Stifel Nicolaus from a "hold" rating to a "buy" rating. They now have a C$50.00 price target on the stock, up previously from C$47.00. This represents a 20.8% upside from the current price of C$41.38.
Stelco (TSE:STLC) had its price target raised by analysts at Scotiabank from C$46.00 to C$51.00. They now have a "sector perform" rating on the stock. This represents a 23.2% upside from the current price of C$41.38.
Stelco (TSE:STLC) had its price target lowered by analysts at JPMorgan Chase & Co. from C$56.00 to C$50.00. They now have an "overweight" rating on the stock. This represents a 20.8% upside from the current price of C$41.38.