Reliance Steel & Aluminum Co. operates as a metals service center company. The company provides alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products and processing services to general manufacturing, non-residential construction, transportation, aerospace and defense, energy, electronics and semiconductor fabrication, and heavy industries. It also offers precision sheet metal fabrication services, including laser cutting, stamping, turret punching, machining, and powder coating and welding; and toll processing and logistics services. The company operated approximately 300 metals service center processing and distribution facilities in 40 states in the United States and 13 in other countries. It sells its products directly to large original equipment manufacturers, and small machine shops, and fabricators. The company operates in the United States, Australia, Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates, and the United Kingdom. Reliance Steel & Aluminum Co. was founded in 1939 and is headquartered in Los Angeles, California.
IPO Year: 1994
Exchange: NYSE
Website: rsac.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | Underperform → Peer Perform | Wolfe Research | |
| 12/2/2024 | $341.00 | Neutral | Goldman |
| 7/26/2024 | $262.00 | Peer Perform → Underperform | Wolfe Research |
| 4/11/2024 | $380.00 | Buy → Neutral | Citigroup |
| 4/28/2023 | Outperform → Peer Perform | Wolfe Research | |
| 1/4/2023 | $231.00 | Neutral | BofA Securities |
| 10/6/2022 | $218.00 → $201.00 | Buy → Neutral | Goldman |
| 8/15/2022 | $230.00 | Outperform | BMO Capital Markets |
| 4/29/2022 | $226.00 | Peer Perform → Outperform | Wolfe Research |
| 4/14/2022 | Neutral → Outperform | Exane BNP Paribas |
11-K - RELIANCE, INC. (0000861884) (Filer)
11-K - RELIANCE, INC. (0000861884) (Filer)
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8-K - RELIANCE, INC. (0000861884) (Filer)
SD - RELIANCE, INC. (0000861884) (Filer)
10-Q - RELIANCE, INC. (0000861884) (Filer)
8-K - RELIANCE, INC. (0000861884) (Filer)
DEFA14A - RELIANCE, INC. (0000861884) (Filer)
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10-K - RELIANCE, INC. (0000861884) (Filer)
Wolfe Research upgraded Reliance, Inc. from Underperform to Peer Perform
Goldman initiated coverage of Reliance, Inc. with a rating of Neutral and set a new price target of $341.00
Wolfe Research downgraded Reliance, Inc. from Peer Perform to Underperform and set a new price target of $262.00
Citigroup downgraded Reliance, Inc. from Buy to Neutral and set a new price target of $380.00
Wolfe Research downgraded Reliance Steel from Outperform to Peer Perform
BofA Securities resumed coverage of Reliance Steel with a rating of Neutral and set a new price target of $231.00
Goldman downgraded Reliance Steel from Buy to Neutral and set a new price target of $201.00 from $218.00 previously
BMO Capital Markets initiated coverage of Reliance Steel with a rating of Outperform and set a new price target of $230.00
Wolfe Research upgraded Reliance Steel from Peer Perform to Outperform and set a new price target of $226.00
Exane BNP Paribas upgraded Reliance Steel from Neutral to Outperform