Analyst Price Target is C$13.38
▲ +80.50% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Algoma Steel Group in the last 3 months. The average price target is C$13.38, with a high forecast of C$18.75 and a low forecast of C$8.00. The average price target represents a 80.50% upside from the last price of C$7.41.
Current Consensus is
Hold
The current consensus among 3 polled investment analysts is to hold stock in Algoma Steel Group. This rating changed within the last month from a Buy consensus rating.
Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.
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