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BlueScope Steel (ASX:BSL)‘s stock had its “buy” rating restated by Citigroup Inc. in a research note issued on Wednesday. They currently have a $6.50 target price on the stock.

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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