Russel Metals Inc. (OTCMKTS:RUSMF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Russel Metals Inc. (OTCMKTS:RUSMF) have earned an average recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several equities analysts recently issued reports on RUSMF shares. Scotiabank reissued an “outperform” rating on shares of Russel Metals in a report on Thursday, January 29th. National Bank Financial cut shares of Russel Metals from an “outperform” rating to a “sector perform” rating in a research note on Thursday, February 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Russel Metals in a report on Friday, February 13th. Finally, TD Securities reiterated a “buy” rating on shares of Russel Metals in a research note on Friday, February 13th.

Russel Metals Stock Performance

Shares of OTCMKTS:RUSMF opened at $33.72 on Tuesday. The company’s fifty day moving average is $34.51 and its 200-day moving average is $31.44. Russel Metals has a 52 week low of $25.24 and a 52 week high of $39.09.

Russel Metals Company Profile

Russel Metals Inc is one of North America’s leading metal distribution and processing companies, offering a comprehensive range of steel, aluminum, stainless steel, and specialty metal products. Through its extensive network of service centres, the company provides value-added processing such as precision cutting, shearing, burning, drilling, rolling, and plate profiling, alongside inventory management and just-in-time delivery solutions. This integrated model helps industrial, construction, and manufacturing customers optimize supply chains and reduce lead times.

Founded in 1929 and headquartered in Mississauga, Ontario, Russel Metals has grown through organic expansion and strategic acquisitions to establish a broad presence across Canada and the United States.