A number of firms have modified their ratings and price targets on shares of Schnitzer Steel Industries (NASDAQ: SCHN) recently:

  • 10/21/2017 – Schnitzer Steel Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $33.00 price target on the stock. According to Zacks, “Schnitzer Steel Industries, Inc. collects, processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill. “
  • 10/20/2017 – Schnitzer Steel Industries was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Schnitzer Steel Industries, Inc. collects, processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill. “
  • 10/14/2017 – Schnitzer Steel Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $33.00 price target on the stock. According to Zacks, “Schnitzer Steel Industries, Inc. collects, processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill. “
  • 10/11/2017 – Schnitzer Steel Industries had its “hold” rating reaffirmed by analysts at KeyCorp.
  • 10/5/2017 – Schnitzer Steel Industries was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 9/19/2017 – Schnitzer Steel Industries was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Schnitzer Steel Industries, Inc. collects, processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill. “
  • 9/15/2017 – Schnitzer Steel Industries was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/6/2017 – Schnitzer Steel Industries is now covered by analysts at Macquarie. They set a “neutral” rating and a $26.00 price target on the stock.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) traded up 0.83% during mid-day trading on Monday, hitting $30.30. The stock had a trading volume of 72,299 shares. Schnitzer Steel Industries, Inc. has a 12 month low of $17.50 and a 12 month high of $30.60. The firm’s 50-day moving average is $27.68 and its 200 day moving average is $23.58. The company has a market cap of $836.28 million, a price-to-earnings ratio of 19.70 and a beta of 1.34.

Schnitzer Steel Industries, Inc is a recycler of ferrous and nonferrous scrap metal, including end-of-life vehicles, and a manufacturer of finished steel products. The Company operates through two segments: the Auto and Metals Recycling (AMR) business and the Steel Manufacturing Business (SMB). The AMR segment collects and recycles auto bodies, rail cars, home appliances, industrial machinery, manufacturing scrap and construction and demolition scrap from bridges, buildings and other infrastructure.

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