NASDAQ:SCHN - Schnitzer Steel Industries Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $28.00
  • Forecasted Upside: 3.55 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$27.04
▲ +1.2 (4.64%)
1 month | 3 months | 12 months
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Analyst Price Target for SCHN

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$28.00
▲ +3.55% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Schnitzer Steel Industries in the last 3 months. The average price target is $28.00, with a high forecast of $28.00 and a low forecast of $28.00. The average price target represents a 3.55% upside from the last price of $27.04.
Buy
The current consensus among 1 contributing investment analysts is to buy stock in Schnitzer Steel Industries. This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
6/2/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
8/31/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/29/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
8/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/23/2020

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2020KeyCorpUpgradeSector Weight ➝ Overweight$28.00Medium
i
10/10/2019CowenLower Price TargetMarket Perform$22.00 ➝ $21.00High
i
9/27/2019MacquarieSet Price TargetHold$23.00Low
i
Rating by David Lipschitz at Macquarie
9/22/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$27.00 ➝ $23.00High
i
6/25/2019CowenReiterated RatingMarket Perform ➝ Market Perform$24.00 ➝ $25.00Low
i
Rating by Tyler Kenyon at Cowen Inc
4/9/2019CowenSet Price TargetHold$27.00High
i
Rating by Tyler Kenyon at Cowen Inc
2/20/2019CowenSet Price TargetHold$25.00Medium
i
Rating by Tyler Kenyon at Cowen Inc
1/14/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$33.00 ➝ $27.00High
i
1/8/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$24.00High
i
10/25/2018MacquarieSet Price TargetHold$29.00Medium
i
Rating by David Lipschitz at Macquarie
9/28/2018MacquarieLower Price TargetNeutral ➝ Hold$37.00 ➝ $28.00Low
i
8/15/2018Morgan StanleyDowngradeEqual Weight ➝ Underweight$38.00 ➝ $26.00High
i
7/6/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$36.00 ➝ $38.00High
i
3/20/2018The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$42.00Low
i
10/31/2017Morgan StanleyBoost Price TargetEqual Weight$27.00 ➝ $29.00N/A
i
10/11/2017KeyCorpReiterated RatingHoldN/A
i
Rating by Philip Gibbs at KeyCorp
9/6/2017MacquarieInitiated CoverageNeutral ➝ Neutral$26.00Low
i
10/4/2016DA DavidsonReiterated RatingHoldN/A
i
Rating by Brent Thielman at DA Davidson
4/2/2016DA DavidsonReiterated RatingHoldN/A
i
Rating by Brent Thielman at DA Davidson
4/1/2016DA DavidsonBoost Price TargetNeutral$15.00 ➝ $18.00N/A
i
11/24/2015Morgan StanleyUpgradeUnderweight ➝ Equal Weight$14.00 ➝ $21.00N/A
i
(Data available from 11/24/2015 forward)
Schnitzer Steel Industries logo
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. The company operates in two segments, Auto and Metals Recycling (AMR), and Cascade Steel and Scrap (CSS). The AMR segment acquires, processes, and recycles scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting. This segment offers ferrous recycled scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 51 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and component parts, such as engines, transmissions, and alternators to wholesalers. The CSS segment produces various finished steel products using ferrous recycled scrap metal and other raw materials. It provides semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.
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Today's Range

Now: $27.04
$25.98
$27.35

50 Day Range

MA: $21.67
$19.59
$24.82

52 Week Range

Now: $27.04
$10.09
$25.94

Volume

8,153 shs

Average Volume

252,579 shs

Market Capitalization

$733.00 million

P/E Ratio

245.84

Dividend Yield

3.02%

Beta

1.42