Latest news with #BluescopeSteel


Business Insider
6 days ago
- Business
- Business Insider
Bluescope Steel (BLSFF) Receives a Buy from Jarden
Jarden analyst Rohan Gallagher maintained a Buy rating on Bluescope Steel (BLSFF – Research Report) yesterday and set a price target of A$24.00. The company's shares closed yesterday at $15.07. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Gallagher covers the Basic Materials sector, focusing on stocks such as James Hardie, Bluescope Steel , and Brickworks Ltd. According to TipRanks, Gallagher has an average return of 8.7% and a 59.42% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bluescope Steel with a $17.28 average price target, which is a 14.70% upside from current levels. In a report released on May 22, Goldman Sachs also maintained a Buy rating on the stock with a A$28.70 price target. The company has a one-year high of $17.00 and a one-year low of $9.50. Currently, Bluescope Steel has an average volume of 1,272.


Business Insider
15-05-2025
- Business
- Business Insider
RBC Capital Keeps Their Buy Rating on Bluescope Steel (BLSFF)
RBC Capital analyst Owen Birrell maintained a Buy rating on Bluescope Steel (BLSFF – Research Report) on May 13 and set a price target of A$28.50. The company's shares closed last Thursday at $14.50. Confident Investing Starts Here: Birrell covers the Industrials sector, focusing on stocks such as Transurban Group, Auckland International Airport , and Graincorp Limited Class A. According to TipRanks, Birrell has an average return of 0.7% and a 43.97% success rate on recommended stocks. Bluescope Steel has an analyst consensus of Strong Buy, with a price target consensus of $17.76, implying a 22.48% upside from current levels. In a report released on May 1, Jarden also maintained a Buy rating on the stock with a A$24.00 price target. Based on Bluescope Steel 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.93 billion and a net profit of $179.1 million. In comparison, last year the company earned a revenue of $8.54 billion and had a net profit of $439.3 million


Business Insider
07-05-2025
- Business
- Business Insider
Bluescope Steel (BLSFF) was downgraded to a Hold Rating at Citi
Citi analyst Paul McTaggart downgraded Bluescope Steel (BLSFF – Research Report) to a Hold today and set a price target of A$26.50. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, McTaggart is a 5-star analyst with an average return of 9.4% and a 55.56% success rate. McTaggart covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Rio Tinto Limited, and Fortescue Metals Group Ltd. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bluescope Steel with a $17.56 average price target. BLSFF market cap is currently $6.76B and has a P/E ratio of 17.81.


Business Insider
05-05-2025
- Business
- Business Insider
Jarden Remains a Buy on Bluescope Steel (BLSFF)
In a report released on May 1, Rohan Gallagher from Jarden maintained a Buy rating on Bluescope Steel (BLSFF – Research Report), with a price target of A$24.00. The company's shares closed last Thursday at $14.50. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Gallagher covers the Basic Materials sector, focusing on stocks such as Bluescope Steel , James Hardie, and Brickworks Ltd. According to TipRanks, Gallagher has an average return of 7.4% and a 53.97% success rate on recommended stocks. Currently, the analyst consensus on Bluescope Steel is a Strong Buy with an average price target of $17.56, implying a 21.10% upside from current levels. In a report released on April 27, Citi also maintained a Buy rating on the stock with a A$26.50 price target.