▼ -11.54% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Stelco in the last 3 months. The average price target is C$15.29, with a high forecast of C$21.00 and a low forecast of C$10.00. The average price target represents a -11.54% upside from the last price of C$17.28.
The current consensus among 2 polled investment analysts is to buy stock in Stelco. This rating has held steady since August 2020, when it changed from a Hold consensus rating.
Stelco Holdings Inc is Canada-based company and owner of one of the technologically advanced integrated steelmaking facilities in North America. The Company produce flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products as well as metallurgical coke. With gauge, crown, and shape control, as well as reliable uniformity of mechanical properties, The Company's steel products are supplied to customers in the construction, automotive and energy industries across Canada and the United States, as well as to a variety of steel service centers, which are regional distributors of steel products. The Company operates from two facilities: LEW near Nanticoke, Ontario and HW in Hamilton, Ontario.