BlueScope Steel Receives “Buy” Rating from Citigroup Inc. (BSL)
Shares of BlueScope Steel (ASX:BSL) traded down 0.36% on Wednesday, hitting A$5.510. The stock had a trading volume of 5,232,308 shares. BlueScope Steel has a one year low of A$4.460 and a one year high of A$6.640. The stock’s 50-day moving average is A$5.89 and its 200-day moving average is A$5.9. The company’s market cap is A$3.077 billion.
A number of other firms have also recently commented on BSL. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BlueScope Steel in a research note on Monday. They now have a $5.96 price target on the stock.
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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