Stifel Nicolaus Cuts Stelco (OTCMKTS:STZHF) Price Target to C$47.00

Stelco (OTCMKTS:STZHFGet Rating) had its target price reduced by Stifel Nicolaus from C$54.00 to C$47.00 in a research note released on Monday morning, The Fly reports.

Separately, Scotiabank boosted their price target on shares of Stelco from C$45.50 to C$57.00 in a research note on Friday, February 24th.

Stelco Stock Down 0.1 %

Shares of Stelco stock opened at $35.66 on Monday. Stelco has a 52-week low of $22.90 and a 52-week high of $44.50. The company has a fifty day moving average of $39.26 and a 200-day moving average of $33.93.

About Stelco

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Stelco Holdings, Inc engages in the production and sale of steel products. Its products include Pig Iron Ingots, Stelco Hot Roll Products Overview, Coated Products, Cold Rolled Products, Hot Roll Automotive,Stelmax 50/60, Stelmax 80, Stelmax 90, Stelmax 100,Stelmax 780, Stelmax 980 DP, Stelmax 1180 MP, Stelmax 1300 M, and Stelmax 1500 M.

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