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BlueScope Steel (ASX:BSL)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a $7.88 price objective on the stock.

BlueScope Steel (ASX:BSL) traded up 0.69% on Wednesday, hitting A$5.800. 1,405,337 shares of the company’s stock traded hands. BlueScope Steel has a 1-year low of A$4.460 and a 1-year high of A$6.640. The stock has a 50-day moving average of A$5.70 and a 200-day moving average of A$5.92. The company’s market cap is A$3.234 billion.

BlueScope Steel Limited manufactures and distributes flat steel products, metallic coated and painted steel products, steel building products, and designs and manufactures of pre-engineered steel buildings.

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