15-05-2025
RBC Capital Sticks to Their Hold Rating for Vulcan Steel Ltd. (VSL)
RBC Capital analyst Owen Birrell maintained a Hold rating on Vulcan Steel Ltd. (VSL – Research Report) on May 13 and set a price target of A$7.25. The company's shares opened today at A$7.37.
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According to TipRanks, Birrell is a 2-star analyst with an average return of 0.7% and a 43.97% success rate. Birrell covers the Industrials sector, focusing on stocks such as Transurban Group, Auckland International Airport , and Graincorp Limited Class A.
Currently, the analyst consensus on Vulcan Steel Ltd. is a Hold with an average price target of A$7.25.
Based on Vulcan Steel Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$492.99 million and a net profit of A$9.18 million. In comparison, last year the company earned a revenue of A$562.59 million and had a net profit of A$26.05 million
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VSL in relation to earlier this year.
