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Russel Metals - RUS Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$50.50
  • Forecasted Upside: 18.71%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
C$42.54 As of 12/20/2024 06:17 PM ET
▼ -0.12 (-0.28%)

This chart shows the closing price for RUS by one month, three months, or twelve months.

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Analyst Price Target for RUS

Analyst Price Target is C$50.50
▲ +18.71% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Russel Metals in the last 3 months. The average price target is C$50.50, with a high forecast of C$57.00 and a low forecast of C$45.00. The average price target represents a 18.71% upside from the last price of C$42.54.

This chart shows the closing price for RUS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 7 polled investment analysts is to moderate buy stock in Russel Metals. This rating has held steady since November 2023, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/26/2024Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$45.00 ➝ C$51.00
11/22/2024Stifel NicolausBoost TargetC$54.50 ➝ C$57.00
11/13/2024Raymond JamesBoost TargetC$50.00 ➝ C$56.00
11/13/2024Stifel NicolausBoost TargetC$53.00 ➝ C$54.50
11/12/2024TD SecuritiesBoost TargetBuyC$46.00 ➝ C$50.00
11/8/2024Royal Bank of CanadaBoost TargetC$43.00 ➝ C$45.00
9/16/2024TD SecuritiesUpgradeHold ➝ BuyC$44.00 ➝ C$46.00
8/2/2024National BanksharesLower TargetOutperformC$47.00 ➝ C$46.00
8/2/2024Stifel NicolausLower TargetBuyC$55.00 ➝ C$52.00
8/2/2024TD SecuritiesLower TargetC$45.00 ➝ C$44.00
7/24/2024BMO Capital MarketsLower TargetC$46.00 ➝ C$45.00
7/16/2024National BanksharesLower TargetOutperformC$48.00 ➝ C$47.00
7/2/2024Royal Bank of CanadaLower TargetSector PerformC$47.00 ➝ C$43.00
4/25/2024TD SecuritiesLower TargetHoldC$48.00 ➝ C$45.00
4/19/2024Stifel NicolausLower TargetBuyC$55.50 ➝ C$54.00
4/17/2024Raymond JamesLower TargetOutperformC$52.00 ➝ C$48.00
4/17/2024ScotiabankLower TargetSector PerformC$50.00 ➝ C$48.50
3/13/2024Stifel NicolausLower TargetC$56.00 ➝ C$55.50
2/12/2024TD SecuritiesBoost TargetHoldC$43.00 ➝ C$48.00
2/12/2024ScotiabankBoost TargetSector PerformC$46.50 ➝ C$50.00
2/9/2024BMO Capital MarketsBoost TargetOutperformC$44.00 ➝ C$46.00
12/21/2023Stifel NicolausBoost TargetBuyC$48.00 ➝ C$56.00
12/20/2023Raymond JamesBoost TargetC$47.00 ➝ C$50.00
12/19/2023Royal Bank of CanadaBoost TargetC$42.00 ➝ C$47.00
12/11/2023BMO Capital MarketsBoost TargetC$41.00 ➝ C$44.00
12/5/2023ScotiabankBoost TargetSector PerformC$43.00 ➝ C$46.50
12/5/2023Stifel NicolausBoost TargetC$46.00 ➝ C$48.00
12/5/2023National BanksharesUpgradeSector Perform ➝ OutperformC$42.00 ➝ C$45.00
12/5/2023Raymond JamesBoost TargetOutperformC$44.00 ➝ C$47.00
12/4/2023National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
11/10/2023Stifel NicolausBoost TargetBuyC$45.50 ➝ C$46.00
11/10/2023ScotiabankBoost TargetSector PerformC$42.00 ➝ C$43.00
10/18/2023ScotiabankBoost TargetSector PerformC$42.00 ➝ C$44.00
9/18/2023Stifel NicolausBoost TargetBuyC$44.50 ➝ C$45.50
8/15/2023TD SecuritiesBoost TargetHoldC$39.00 ➝ C$43.00
8/14/2023Royal Bank of CanadaBoost TargetSector PerformC$40.00 ➝ C$42.00
8/14/2023BMO Capital MarketsBoost TargetC$40.00 ➝ C$41.00
8/14/2023Stifel NicolausBoost TargetC$44.00 ➝ C$44.50
8/1/2023Stifel NicolausBoost TargetBuyC$41.00 ➝ C$44.00
7/13/2023Royal Bank of CanadaBoost TargetC$37.00 ➝ C$40.00
7/10/2023National BanksharesSet TargetSector PerformC$41.00
6/29/2023Stifel NicolausLower TargetC$42.00 ➝ C$41.00
5/18/2023Stifel NicolausLower TargetC$42.50 ➝ C$42.00
5/16/2023TD SecuritiesBoost TargetHoldC$37.00 ➝ C$39.00
5/9/2023BMO Capital MarketsBoost TargetC$34.00 ➝ C$36.00
4/10/2023Stifel NicolausLower TargetC$43.00 ➝ C$42.00
3/3/2023Stifel NicolausBoost TargetC$42.00 ➝ C$43.00
2/13/2023Raymond JamesBoost TargetOutperformC$36.00 ➝ C$44.00
2/13/2023BMO Capital MarketsBoost TargetC$32.00 ➝ C$34.00
2/13/2023ScotiabankBoost TargetC$37.50 ➝ C$38.00
2/13/2023TD SecuritiesBoost TargetHoldC$33.00 ➝ C$37.00
2/6/2023Stifel NicolausBoost TargetC$41.00 ➝ C$42.00
1/19/2023ScotiabankLower TargetC$38.00 ➝ C$37.50
11/21/2022Stifel NicolausBoost TargetC$40.00 ➝ C$41.00
11/11/2022TD SecuritiesDowngradeBuy ➝ HoldC$36.00 ➝ C$35.00
11/11/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$35.00 ➝ C$34.00
11/11/2022ScotiabankBoost TargetC$37.50 ➝ C$38.00
10/13/2022Royal Bank of CanadaLower TargetOutperformC$42.00 ➝ C$35.00
9/30/2022TD SecuritiesLower TargetBuyC$41.00 ➝ C$36.00
9/21/2022Stifel NicolausLower TargetC$40.00 ➝ C$37.00
8/15/2022Royal Bank of CanadaBoost TargetOutperformC$39.00 ➝ C$42.00
8/15/2022ScotiabankLower TargetC$38.50 ➝ C$37.50
8/12/2022BMO Capital MarketsLower TargetC$36.00 ➝ C$32.00
8/12/2022Stifel NicolausBoost TargetC$34.00 ➝ C$40.00
7/18/2022Royal Bank of CanadaLower TargetOutperformC$45.00 ➝ C$39.00
7/5/2022Stifel NicolausLower TargetC$40.00 ➝ C$34.00
5/5/2022TD SecuritiesBoost TargetBuyC$40.00 ➝ C$41.00
5/5/2022Raymond JamesSet TargetOutperformC$44.00
5/5/2022Royal Bank of CanadaBoost TargetOutperformC$41.00 ➝ C$45.00
5/5/2022ScotiabankBoost TargetC$37.00 ➝ C$38.50
5/5/2022Standpoint ResearchReiterated RatingBuyC$39.00 ➝ C$40.00
4/21/2022Raymond JamesBoost TargetOutperformC$41.00 ➝ C$44.00
4/18/2022Royal Bank of CanadaBoost TargetOutperformC$40.00 ➝ C$41.00
4/18/2022TD SecuritiesUpgradeHold ➝ BuyC$40.00
3/16/2022Stifel NicolausInitiated CoverageBuyC$36.00
2/23/2022Raymond JamesSet TargetOutperformC$41.00
2/14/2022Raymond JamesReiterated RatingOutperformC$41.00
1/25/2022Raymond JamesLower TargetC$43.00 ➝ C$40.00
1/24/2022Royal Bank of CanadaLower TargetOutperformC$43.00 ➝ C$40.00
1/24/2022Raymond JamesBoost TargetNAC$40.00 ➝ C$43.00
11/9/2021ATB CapitalReiterated RatingOutperform
11/8/2021Royal Bank of CanadaBoost TargetOutperformC$41.00 ➝ C$43.00
11/8/2021BMO Capital MarketsBoost TargetC$33.00 ➝ C$36.00
11/8/2021ScotiabankBoost TargetC$34.00 ➝ C$37.00
11/8/2021TD SecuritiesDowngradeBuy ➝ HoldC$39.00
11/5/2021Raymond JamesBoost TargetOutperformC$37.00 ➝ C$41.00
10/12/2021BMO Capital MarketsReiterated RatingOutperform
10/9/2021BMO Capital MarketsLower TargetC$35.00 ➝ C$33.00
10/8/2021BMO Capital MarketsBoost TargetNAC$33.00 ➝ C$35.00
10/5/2021Raymond JamesReiterated RatingOutperformC$37.00
8/9/2021TD SecuritiesBoost TargetBuyC$39.00 ➝ C$40.00
8/9/2021Raymond JamesSet TargetOutperformC$37.00
8/9/2021Royal Bank of CanadaBoost TargetOutperformC$39.00 ➝ C$41.00
8/3/2021Laurentian Bank of CanadaBoost TargetBuyC$38.00
8/3/2021LaurentianBoost TargetC$30.00 ➝ C$38.00
7/19/2021Raymond JamesReiterated RatingOutperformC$37.00
7/16/2021Royal Bank of CanadaBoost TargetOutperformC$37.00 ➝ C$39.00
7/12/2021TD SecuritiesBoost TargetNeutralC$37.00 ➝ C$39.00
6/28/2021BMO Capital MarketsBoost TargetOutperformC$28.00 ➝ C$32.00
6/18/2021Raymond JamesBoost TargetOutperformC$33.00 ➝ C$37.00
5/6/2021Raymond JamesReiterated RatingOutperformC$33.00
5/6/2021ScotiabankBoost TargetC$28.50 ➝ C$32.00
5/6/2021TD SecuritiesUpgradeHold ➝ BuyC$26.00 ➝ C$37.00
5/6/2021Royal Bank of CanadaBoost TargetOutperformC$31.00 ➝ C$37.00
5/5/2021BMO Capital MarketsBoost TargetOutperformC$26.00 ➝ C$28.00
4/16/2021Royal Bank of CanadaBoost TargetOutperformC$27.00 ➝ C$31.00
4/15/2021Raymond JamesBoost TargetOutperformC$27.00 ➝ C$33.00
4/15/2021ScotiabankBoost TargetC$26.00 ➝ C$28.50
4/5/2021BMO Capital MarketsBoost TargetOutperformC$24.00 ➝ C$26.00
3/31/2021ScotiabankDowngradeOutperform ➝ Sector Perform
2/12/2021Royal Bank of CanadaBoost TargetOutperformC$25.00 ➝ C$27.00
2/12/2021ScotiabankBoost TargetC$26.00 ➝ C$26.50
2/12/2021Raymond JamesBoost TargetOutperformC$27.00
2/9/2021Laurentian Bank of CanadaBoost TargetC$22.00 ➝ C$28.00
2/9/2021LaurentianBoost TargetC$22.00 ➝ C$28.00
1/27/2021TD SecuritiesBoost TargetHoldC$19.00 ➝ C$26.00
1/15/2021Royal Bank of CanadaBoost TargetOutperformC$22.00 ➝ C$25.00
1/8/2021ScotiabankBoost TargetC$22.00 ➝ C$26.00
12/23/2020Raymond JamesSet TargetOutperformC$21.00
11/6/2020Raymond JamesSet TargetOutperformC$21.00
10/16/2020Raymond JamesSet TargetOutperformC$21.00
10/9/2020BMO Capital MarketsBoost TargetC$18.00 ➝ C$19.00
8/10/2020Raymond JamesSet TargetOutperformC$21.00
8/10/2020BMO Capital MarketsBoost TargetC$17.00 ➝ C$18.00
8/10/2020TD SecuritiesBoost TargetHoldC$15.50 ➝ C$19.00
7/6/2020Royal Bank of CanadaSet TargetOutperformC$22.00
6/8/2020Raymond JamesSet TargetOutperformC$21.00
5/5/2020Raymond JamesSet TargetOutperformC$21.00
4/22/2020BMO Capital MarketsLower TargetC$24.00 ➝ C$17.00
4/20/2020Raymond JamesLower TargetOutperformC$25.00 ➝ C$21.00
4/3/2020TD SecuritiesLower TargetHoldC$24.00 ➝ C$15.50
3/18/2020Raymond JamesSet TargetOutperformC$25.00
2/25/2020ScotiabankBoost TargetC$25.00 ➝ C$27.00
2/12/2020Raymond JamesSet TargetOutperformC$25.00
1/22/2020Raymond JamesSet TargetOutperformC$25.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.65 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
7/23/2024
  • 5 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 3 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 2 very positive mentions
  • 21 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 9 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
11/20/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2024

Current Sentiment

  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Russel Metals logo
Russel Metals Inc. operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products. The Energy Field Stores segment offers specialized products, such as flanges, valves, fittings, and other products to energy industry. The Steel Distributors segment sells steel products to other steel service centers and equipment manufacturers, which include carbon steel plate, flat rolled products, beams, channels, and pipes. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.
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Today's Range

Now: C$42.54
Low: C$42.20
High: C$43.09

50 Day Range

MA: C$42.44
Low: C$38.77
High: C$45.96

52 Week Range

Now: C$42.54
Low: C$35.20
High: C$47.39

Volume

429,022 shs

Average Volume

185,133 shs

Market Capitalization

C$2.50 billion

P/E Ratio

12.40

Dividend Yield

4.09%

Beta

1.52

Frequently Asked Questions

What sell-side analysts currently cover shares of Russel Metals?

The following equities research analysts have issued reports on Russel Metals in the last twelve months: BMO Capital Markets, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, and TD Securities.
View the latest analyst ratings for RUS.

What is the current price target for Russel Metals?

0 Wall Street analysts have set twelve-month price targets for Russel Metals in the last year. Their average twelve-month price target is C$50.50, suggesting a possible upside of 18.7%. Stifel Nicolaus has the highest price target set, predicting RUS will reach C$57.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$45.00 for Russel Metals in the next year.
View the latest price targets for RUS.

What is the current consensus analyst rating for Russel Metals?

Russel Metals currently has 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for RUS.

What other companies compete with Russel Metals?

Other companies that are similar to Russel Metals include Toromont Industries, Finning International, ADENTRA, Doman Building Materials Group and Wajax. Learn More about companies similar to Russel Metals.

How do I contact Russel Metals' investor relations team?

Russel Metals' physical mailing address is 6600 Financial Dr, MISSISSAUGA, ON L5N 7J6, Canada. The company's listed phone number is +1-905-8197777. The official website for Russel Metals is www.russelmetals.com. Learn More about contacing Russel Metals investor relations.