In a report released yesterday, James McGarragle CFA from RBC Capital maintained a Hold rating on Algoma Steel Group, with a price target of C$6.00. The company’s shares closed yesterday at $3.40.
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According to TipRanks, McGarragle CFA is a 5-star analyst with an average return of 18.4% and a 72.73% success rate. McGarragle CFA covers the Industrials sector, focusing on stocks such as CAE, Russel Metals, and Exchange Income.
The word on The Street in general, suggests a Hold analyst consensus rating for Algoma Steel Group with a $5.96 average price target.
ASTL market cap is currently $356.1M and has a P/E ratio of -1.64.
Read More on ASTL:
Disclaimer & DisclosureReport an Issue
- Algoma Steel Announces Q3 Guidance and Board Changes
- Algoma Steel sees Q3 adjusted EBITDA (C$90M)-(C$80M)
- Algoma Steel price target lowered to C$10.75 from C$13 at Stifel
- Algoma Steel Secures C$500 Million Support Amid U.S. Tariffs
- Algoma Steel Stock (ASTL) Jumps 6% on News of $500 Million in Government Loans
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