RUSSEL METALS INC (TSE RUS)
Russel Metals is one of the largest metals distribution and processing companies in North America (based on revenues and tons sold). In order to maintain our position as a market leader, we endeavor to provide our customers with competitively priced, quality metal products and timely delivery.
Russel Metals conducts its distribution business primarily in three segments: metals service centers; energy tubular products; and steel distributors. The company is one of the few metals distribution companies in the world to operate a significant international trading operation in conjunction with service centers.
Recent News: Russel Metals Announces 2010 Annual and Fourth Quarter Results
Russel Metals Announces a 10% Increase In Common Share Dividend
Russel Metals Obtains Approval to Amend its Convertible Debentures
Russel Metals Settles Union Contract in British Columbia
Russel Metals Announces Third Quarter 2010 Net Earnings
Russel Metals Declares Common Share Dividend
Paul D'Amico.......TD Newcrest.......Jan 20, 2012
(2011 #1 of 6 analysts covering RUS)
Downgraded to HOLD from BUY
Target $26.00
RUS Price day before: $25.26 Finish day of posting:$25.11Current:$25.24
------Oct 19, 2011----
Maintain BUY
Target reduced to $26.00 from $27.00
RUS Price day before: $22.02 Finish day of posting:$21.77Current:$25.24
--------June 07, 2011--------
Upgraded to BUY from HOLD
Target $27.00
RUS Price day before: $22.72 Finish day of posting:$23.73Current:$25.24
------May 16, 2011--------
Maintained HOLD
Target reduced to $27.00 from $28.00
RUS Price day before: $25.68 Finish day of posting:$24.72Current:$25.24
------Mar 31, 2011------
Downgraded to HOLD from BUY
Target $28.00
RUS Price day before: $27.45 Finish day of posting:$27.31Current:$25.24
------Feb 17, 2011-------
Maintained BUY
Target raised to $28.00 from $24.00
RUS Price day before: $24.98 Finish day of posting:$25.86Current:$25.24
--------Nov 03, 2010------
Maintained BUY
Target raised to $24.00 from $22.00 (Target Hit Jan 26, 2011)
RUS Price day before: $20.48 Finish day of posting:$20.76Current:$25.24
-------Aug 12, 2010-------
Maintained BUY
Target reduced to $22.00 from $23.00 (Target Hit Nov 08, 2010)
RUS Price day before: $19.21 Finish day of posting:$18.98Current:$25.24
--------May 13, 2010-----
Upgraded to BUY from HOLD
Target $23.00
RUS Price day before: $19.80 Finish day of posting:$20.55Current:$25.24
------Apr 21, 2010------
Downgraded to HOLD from BUY
Target raised to $23.00 from $21.00
RUS Price day before: $21.53 Finish day of posting:$22.25Current:$25.24
-----Feb 19, 2009-------
Maintained BUY
Price Target raised to $21.00 from $17.50 (Target Hit Apr 05, 2010)
RUS Price day before: $17.31 Finish day of posting:$18.23Current:$25.24
-------Nov 04, 2009----
Upgraded to BUY from HOLD
Price Target raised to $17.50 from $15.50 (Target Hit Dec 16, 2009)
RUS Price day before: $15.64 Finish day of posting:$16.54Current:$25.24
------Oct 09, 2009------
Maintained HOLD
Price Target raised to $15.50 from $15.00 (Target Hit Nov 03, 2009)
RUS Price day before: $17.70 Finish day of posting:$17.84Current:$25.24
--------May 05, 2009------
Maintained HOLD
Price Target $13.50
RUS Price day before: $14.92 Finish day of posting:$14.84Current:$25.24
-------Aug 07, 2008--------
Maintained BUY
Price Target $32.00
RUS Price day before: $28.62 Finish day of posting:$29.90Current:$25.24
------Apr 15, 2008-------
Downgraded to BUY from ACTION LIST BUY
Price Target raised to $31.00 from $30.00
RUS Price day before: $28.40 Finish day of posting:$28.48Current:$25.24
--------Nov 07, 2007------
Upgraded to ACTION LIST BUY from BUY
Price Target $33.00
RUS Price day before: $27.75 Finish day of posting:$28.21Current:$25.24
-----Nov 02, 2007------
Maintained BUY
Price Target reduced to $33.00 from $36.00
RUS Price day before: $29.85 Finish day of posting:$28.96Current:$25.24
-----Apr 17, 2007---
Upgraded to BUY from HOLD
Price Target raised to $36.00 from $27.50
RUS Price day before: $30.41 Finish day of posting:$31.19Current:$25.24
-------Feb 21, 2007--------
Maintained HOLD
Price Target reduced to $27.50 from $28.00
RUS Price day before: $28.06 Finish day of posting:$28.05Current:$25.24
----Oct 23, 2006-------
Downgraded to HOLD from BUY
Price Target $29.00 (Target Hit)
RUS Price day before: $27.95 Finish day of posting:$28.10Current:$25.24
-----Sept 25, 2006-------
Upgraded to BUY from HOLD
Price Target reduced to $29.00 from $30.00 (Target Hit Oct 26, 2006)
RUS Price day before: $25.38 Finish day of posting:$25.50Current:$25.24
------Aug 02, 2006-------
Downgraded to HOLD from ACTION LIST BUY
Price Target $30.00
RUS Price day before: $27.68 Finish day of posting:$27.90Current:$25.24
-------July 28, 2006-------
Upgraded to ACTION LIST BUY from BUY
Price Target $30.00
RUS Price day before: $25.37 Finish day of posting:$25.60Current:$25.24
--------July 21, 2006----------
Maintained BUY
Price Target $30.00
RUS Price day before: $25.01 Finish day of posting:$24.59Current:$25.24
-----Mar 20, 2006--------
Upgraded to BUY from HOLD
Price Target raised to $30.00 from $26.00
RUS Price day before: $26.00 Finish day of posting:$25.91Current:$25.24
------Feb 24, 2006-------
Maintain HOLD
Price Target raised to $26.00 from $22.00
RUS Price day before: $25.62 Finish day of posting:$27.20Current:$25.24
-----Jan 16, 2006-----
Maintain HOLD
Price Target raised to $22.00 from $18.50
RUS Price day before: $24.00 Finish day of posting:$24.65Current:$25.24
------Sept 27, 2005-------
Maintain HOLD
Price Target raised to $18.50 from $16.50
RUS Price day before: $18.43 Finish day of posting:$18.36Current:$25.24
-----July 28, 2005------
Maintain HOLD
Price Target raised to $16.50 from $16.00 (Target Hit)
RUS Price day before: $16.20 Finish day of posting:$16.09Current:$25.24
-----June 27, 2005------
Maintain HOLD
Price Target reduced to $16.00 from $16.50 (Hit Target July 27, 2005)
RUS Price day before: $13.85 Finish day of posting:$14.00Current:$25.24
------June
14, 2005
New HOLD
Price Target $16.50 (Hit Target)
RUS Price day before: $15.15 Finish day of posting:$15.35Current:$25.24
***********
....RBC Capital Markets.......Nov 04, 2011
Maintain OUTPERFORM
Target raised to $26.00 from $22.00
RUS Price day before: $23.38 Finish day of posting:$23.82Current:$25.24
-------Oct 04, 2011--------
Maintain OUTPERFORM
Target reduced to $22.00 from $26.00 (Target Hit Oct 18, 2012)
RUS Price day before: $20.04 Finish day of posting:$19.63Current:$25.24
------Aug 04, 2011-----
Maintain OUTPERFORM
Target reduced to $26.00 from $28.00
RUS Price day before: $22.74 Finish day of posting:$22.58Current:$25.24
------Feb 16, 2011-------
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $28.00 from $24.00
RUS Price day before: $24.60 Finish day of posting:$24.81Current:$25.24
-------Jan 15, 2011----
Target raised to $24.00 from $22.00
RUS Price day before: $23.19 Finish day of posting:$23.24Current:$25.24
-----Nov 03, 2010------
Target raised to $22.00 from $21.00
RUS Price day before: $20.48 Finish day of posting:$20.76Current:$25.24
------Sept 14, 2010----
Target raised to $21.00 from $20.00
RUS Price day before: $21.51 Finish day of posting:$20.43Current:$25.24
--------Apr 19, 2010-----
Maintained OUTPERFORM
Target raised to $24.00 from $21.00
RUS Price day before: $21.80 Finish day of posting:$21.40Current:$25.24
------Feb 22, 2009-----
Upgraded to OUTPERFORM from SECTOR PERFORM
RUS Price day before: $18.23 Finish day of posting:$19.20Current:$25.24
-----May 04, 2009--------
Target raised to $15.00 from $14.00 (Target Hit)
RUS Price day before: $12.85 Finish day of posting:$14.92Current:$25.24
***********
Frederic Bastien.......Raymond James.......Nov 04, 2011
(2011 #2 of 6 analysts covering RUS)
Maintain OUTPERFORM
Target raised to $29.00 from $27.00
RUS Price day before: $23.38 Finish day of posting:$23.82Current:$25.24
------Aug 04, 2011------
Upgraded to OUTPERFORM from MARKET PERFORM
Target raised to $27.00 from $25.00
RUS Price day before: $22.74 Finish day of posting:$22.58Current:$25.24
-------Feb 22, 2011---------
Maintained MARKET PERFORM
Target raised to $25.00 from $23.00
RUS Price day before: $25.86 Finish day of posting:$25.70Current:$25.24
-------Jan 25, 2011------
Maintain MARKET PERFORM
Target raised to $23.00 from $21.00
RUS Price day before: $23.12 Finish day of posting:$23.53Current:$25.24
------Nov 03, 2010--------
Maintain MARKET PERFORM
Target raised to $21.00 from $20.00
RUS Price day before: $20.48 Finish day of posting:$20.76Current:$25.24
------Apr 22, 2010-------
Maintain MARKET PERFORM
Target raised to $20.00 from $18.00 (Target Hit May 05, 2010)
RUS Price day before: $22.25 Finish day of posting:$21.43Current:$25.24
***********
Anthony Zicha.......Scotia Capital........Oct 03, 2011
Downgraded to SECTOR PERFORM from OUTPERFORM
RUS Price day before: $20.83 Finish day of posting:$20.04Current:$25.24
------Aug 03, 2011------
Maintained OUTPERFORM
Target reduced to $27.50 from $28.00
RUS Price day before: $22.79 Finish day of posting:$22.74Current:$25.24
-------Feb 04, 2011-------
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $28.00 from $23.50
RUS Price day before: $23.77 Finish day of posting:$23.89Current:$25.24
------May 17, 2010-----
Target raised to $21.00 from $20.00 (Target Hit)
RUS Price day before: $19.75 Finish day of posting:$19.75Current:$25.24
-------Aug 07, 2008------
Maintained SECTOR PERFORM
Price Target raised to $30.00 from $29.50 (Target Hit)
RUS Price day before: $28.62 Finish day of posting:$29.90Current:$25.24
------Nov 02, 2007------
Maintain SECTOR PERFORM
Price Target reduced to $32.00 from $32.50
RUS Price day before: $29.85 Finish day of posting:$28.96Current:$25.24
------Mar 21, 2006-----
Maintain SECTOR PERFORM
Price Target raised to $26.50 from $24.00 (Target Hit)
RUS Price day before: $25.91 Finish day of posting:$25.69Current:$25.24
-----Feb 27, 2006-----
Maintain SECTOR PERFORM
Price Target raised to $24.00 from $19.00 (Target Hit June 05, 2006)
RUS Price day before: $27.20 Finish day of posting:$25.75Current:$25.24
*************
.......CIBC World Markets........Aug 05, 2011
Maintain UNDERPERFORM
Target $20.00 (Target Hit Oct 04, 2011)
RUS Price day before: $22.74 Finish day of posting:$22.58Current:$25.24
------Nov 05, 2010--------
Target raised to $18.50 from $18.00
RUS Price day before: $21.30 Finish day of posting:$21.77Current:$25.24
--------Feb 16, 2009------
Target raised to $17.00 from $16.00
RUS Price day before: $17.48 Finish day of posting:$17.64Current:$25.24
------Sept 03, 2008-------
Downgraded to UNDERPERFORM from SECTOR PERFORM
RUS Price day before: $29.85 Finish day of posting:$27.70Current:$25.24
-------Nov 02, 2007------
Downgraded to SECTOR PERFORM from OUTPERFORM
RUS Price day before: $29.85 Finish day of posting:$28.96Current:$25.24
------Mar 16, 2006-----
Upgraded to OUTPERFORM from SECTOR PERFORM
RUS Price day before: $25.79 Finish day of posting:$25.75Current:$25.24
---------Feb 27, 2006------
Downgraded to SECTOR PERFORM from OUTPERFORM
Price Target raised to $28.00 from $24.50 (Target hit)
RUS Price day before: $27.20 Finish day of posting:$25.75Current:$25.24
*************
Randy Cousins.......BMO Capital Markets..........May 16, 2011
Downgraded to MARKET PERFORM from OUTPERFORM
RUS Price day before: $25.68 Finish day of posting:$24.72Current:$25.24
------Feb 17, 2011------
Upgraded to OUTPERFORM from MARKET PERFORM
Target raised to $29.00 from $22.50
RUS Price day before: $24.81 Finish day of posting:$24.98Current:$25.24
-------Dec 15, 2010---------
Maintain MARKET PERFORM
Target raised to $22.50 from $21.50
RUS Price day before: $23.41 Finish day of posting:$23.16Current:$25.24
--------Nov 05, 2010-----
Maintain MARKET PERFORM
Target raised to $21.50 from $20.00
RUS Price day before: $21.30 Finish day of posting:$21.77Current:$25.24
-------Apr 21, 2010---------
Maintain MARKET PERFORM
Target raised to $22.00 from $18.00
RUS Price day before: $21.53 Finish day of posting:$22.25Current:$25.24
-------Dec 01, 2006-------
Downgraded to MARKET PERFORM from OUTPERFORM
RUS Price day before: $29.29 Finish day of posting:$28.00Current:$25.24
-------Feb 27, 2006------
Maintain OUTPERFORM
Price Target raised to $31.00 from $25.00 (Target Hit Apr 17, 2007)
RUS Price day before: $27.20 Finish day of posting:$25.75Current:$25.24
-------Dec 01, 2005--------
Maintain OUTPERFORM
Price Target raised to $24.00 from $23.00 (Target Hit Jan 13, 2006
RUS Price day before: $21.28 Finish day of posting:$21.20Current:$25.24
-------Sept 16, 2005--------
Maintain OUTPERFORM
Price Target raised to $21.00 from $19.00 (Target Hit Nov 24, 2005)
RUS Price day before: $18.25 Finish day of posting:$18.41Current:$25.24
***************
.......Salman Partners........Feb 22, 2009
Target raised to $20.00 from $18.00 (Target Hit Mar 29, 2010)
RUS Price day before: $18.23 Finish day of posting:$19.20Current:$25.24
***********
......Fraser Mackenzie........Feb 18, 2009
Upgraded to BUY from MARKET PERFORM
RUS Price day before: $18.18 Finish day of posting:$17.31Current:$25.24
**********
Manolis Liodakis PhD ............Citigroup Smith Barney….Nov 17, 2006
Upgraded to ATTRACTIVE 1 from ATTRACTIVE 2
RUS Price day before: $27.70 Finish day of posting:$27.35Current:$25.24
------Nov 03, 2006-------
Upgraded to ATTRACTIVE 2 from ATTRACTIVE 4
RUS Price day before: $26.24 Finish day of posting:$26.80Current:$25.24
------Oct 16, 2006------
Downgraded to ATTRACTIVE 4 from ATTRACTIVE 1
RUS Price day before: $26.24 Finish day of posting:$26.80Current:$25.24
**************
Justin Wu.......GMP........Mar 20, 2006
Price Target raised to $30.00 from $24.00 (Target Hit Apr 16, 2007)
RUS Price day before: $26.00 Finish day of posting:$25.91Current:$25.24
*************
John
Paul Lotesto.......TD
Newcrest..........July 25, 2003
Maintained BUY
Price Target $7.00 (Hit Target Oct 30, 2003)
RUS Price day before: $5.40 Finish day of posting:$5.45Current:$25.24
********************