BUZZ-US Steel falls after BMO lowers rating on valuation

Reuters
03-31
BUZZ-US Steel falls after BMO lowers rating on valuation

** United States Steel's shares X.N fall 1.5% to $42.37 premarket

** BMO downgrades to "market perform" from "outperform", says current share price nearing fair fundamental value

** "(U.S. Steel- Nippon Steel deal) uncertainty, in our opinion, is too great at this point to maintain an Outperform recommendation solely based on the premise the transaction is completed," BMO says

** Brokerage maintains PT of $45, representing 4.7% upside to stock's last close

** However, BMO increases its 2025/2026 EBITDA estimates for U.S. Steel on higher assumed underlying steel prices

** Two brokerages rate the stock "buy", five "hold" and five "sell"; their median PT is $41.50 - LSEG compiled data

** As of last close, stock had risen 26.5% YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10