Russel Metals - RUSMF Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RUSMF shares.
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6 brokers have issued 1-year price objectives for Russel Metals' shares. Their RUSMF share price forecasts range from $34.00 to $44.00. On average, they expect the company's share price to reach $38.75 in the next twelve months. This suggests a possible upside of 72.0% from the stock's current price.
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Russel Metals' stock was trading at $26.29 at the beginning of the year. Since then, RUSMF shares have decreased by 14.3% and is now trading at $22.53.
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Russel Metals saw a increase in short interest in July. As of July 31st, there was short interest totaling 396,500 shares, an increase of 188.6% from the July 15th total of 137,400 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 305.0 days.
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Russel Metals trades on the OTCMKTS under the ticker symbol "RUSMF."

Shares of RUSMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RUSMF stock can currently be purchased for approximately $22.53.

The company employs 3,300 workers across the globe.

Russel Metals' mailing address is 6600 Financial Drive, Mississauga, ON L5N. The official website for the company is www.russelmetals.com. The company can be reached via phone at (905) 819-7777.