TimkenSteel Corporation (NYSE:TMST) has analysts on the Bullish side this week.
06 Jun,2018
TimkenSteel Corporation (NYSE:TMST) Ratings Coverage
Among 2 analysts covering TimkenSteel (NYSE:TMST), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. TimkenSteel had 5 analyst reports since December 6, 2017 according to SRatingsIntel. As per Monday, February 12, the company rating was upgraded by KeyBanc Capital Markets. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, March 16. The firm has “Underweight” rating by KeyBanc Capital Markets given on Wednesday, December 6. The rating was maintained by Jefferies on Friday, January 26 with “Hold”. The company was upgraded on Thursday, January 11 by KeyBanc Capital Markets. Below is a list of TimkenSteel Corporation (NYSE:TMST) latest ratings and price target changes.
16/03/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $17 New Target: $19 Maintain
12/02/2018 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
26/01/2018 Broker: Jefferies Rating: Hold New Target: $16.5 Maintain
11/01/2018 Broker: KeyBanc Capital Markets Rating: Hold New Target: $16.0 Upgrade
06/12/2017 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Underweight Downgrade
The stock increased 1.27% or $0.2274 during the last trading session, reaching $18.1874. About 243,219 shares traded. TimkenSteel Corporation (NYSE:TMST) has risen 23.22% since June 5, 2017 and is uptrending. It has outperformed by 10.65% the S&P500.
TimkenSteel Corporation manufactures and sells alloy steel, and carbon and micro-alloy steel products worldwide. The company has market cap of $809.87 million. It offers carbon, micro-alloy, and alloy steel ingots, bars, and tubes; and precision components, as well as thermal treatment and machining services. It currently has negative earnings. The companyÂ’s products are used in oil country drill pipes; bits and collars; gears; hubs; axles; crankshafts and connecting rods; bearing races and rolling elements; bushings; fuel injectors; wind energy shafts; anti-friction bearings; and other demanding applications It sells its services and products to the gas and oil, oil country tubular goods, automotive, industrial equipment, mining, construction, rail, aerospace and defense, heavy truck, agriculture, and power generation sectors.