United States Steel Corp. Upgraded to Outperform by BMO Capital Markets (X)
United States Steel Corp. (NYSE:X) was upgraded by BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued on Tuesday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at KeyCorp upgraded shares of United States Steel Corp. from a “hold” rating to a “buy” rating in a research note to investors on Thursday, January 2nd. Separately, analysts at Cowen and Company upgraded shares of United States Steel Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, December 13th. Finally, analysts at Sanford C. Bernstein initiated coverage on shares of United States Steel Corp. in a research note to investors on Thursday, December 12th. They set a “market perform” rating and a $27.00 price target on the stock. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $24.07.
Shares of United States Steel Corp. (NYSE:X) traded up 4.48% on Tuesday, hitting $29.18. The stock had a trading volume of 7,811,451 shares. United States Steel Corp. has a 52-week low of $15.80 and a 52-week high of $31.15. The stock’s 50-day moving average is $28.03 and its 200-day moving average is $22.74. The company’s market cap is $4.221 billion.
United States Steel Corporation (NYSE:X) produces and sells steel mill products, including flat-rolled and tubular products, in North America and Europe.
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