Russel Metals Inc. (TSE:RUS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Russel Metals Inc. (TSE:RUS) have been given an average rating of “Moderate Buy” by the six research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$54.42.

Several research analysts recently issued reports on RUS shares. Scotiabank upped their target price on shares of Russel Metals from C$52.00 to C$54.00 and gave the stock an “outperform” rating in a research report on Friday. Stifel Nicolaus lifted their price target on Russel Metals from C$49.00 to C$50.50 and gave the stock a “hold” rating in a research note on Friday. National Bank Financial lowered Russel Metals from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from C$54.00 to C$56.00 in a research report on Friday. TD Securities raised their price objective on Russel Metals from C$50.00 to C$57.00 and gave the company a “buy” rating in a report on Friday. Finally, Royal Bank Of Canada upped their target price on Russel Metals from C$51.00 to C$55.00 and gave the stock an “outperform” rating in a research note on Friday.

Key Stories Impacting Russel Metals

Here are the key news stories impacting Russel Metals this week:

• Positive Sentiment: TD Securities raised its price target to C$57.00 and kept a “buy” rating — implying ~22.0% upside from the current C$46.73 — a strong vote of confidence that may support upward momentum. Read More.
• Positive Sentiment: Royal Bank of Canada lifted its target to C$55.00 and reaffirmed an “outperform” rating — ~17.7% upside — another institutional endorsement likely to be viewed positively by investors. Read More.
• Positive Sentiment: Scotiabank increased its target to C$54.00 and maintains an “outperform” call (≈15.6% upside), adding to the cluster of higher targets that could buoy sentiment. Read More. Read More.
• Neutral Sentiment: Stifel Nicolaus nudged its target to C$50.50 but left a “hold” rating (≈8.1% upside) — a modestly constructive move but less likely to change investor behavior materially. Read More.
• Negative Sentiment: National Bank Financial downgraded RUS from “outperform” to “sector perform” despite raising its target to C$56.00 (≈19.8% upside). The downgrade signals caution and could cap upside or weigh on near-term sentiment. Read More.

Russel Metals Price Performance

RUS traded down C$0.12 on Friday, reaching C$46.81. The company had a trading volume of 319,026 shares, compared to its average volume of 214,818. Russel Metals has a 52-week low of C$34.62 and a 52-week high of C$53.37. The company has a market cap of C$2.61 billion, a price-to-earnings ratio of 16.03, a P/E/G ratio of 0.59 and a beta of 1.06. The company has a debt-to-equity ratio of 20.28, a quick ratio of 1.44 and a current ratio of 3.37. The business has a 50 day simple moving average of C$45.97 and a 200 day simple moving average of C$42.96.

Russel Metals (TSE:RUS) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.63 EPS for the quarter. The business had revenue of C$1.17 billion during the quarter. Russel Metals had a net margin of 4.27% and a return on equity of 11.03%.

Russel Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 15th were paid a $0.43 dividend. The ex-dividend date of this dividend was Thursday, November 27th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.7%. Russel Metals’s dividend payout ratio is 58.22%.

About Russel Metals

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.