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Stelco Holdings:Stocks Analysts Recently Upgraded on TSX (STLC)

AI-generated - The Globe and Mail - Mon Feb 26, 4:46AM CST

Stelco Holdings Inc is among the group of Toronto Stock Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.

This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.

Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

SymbolNameBuyOut PerformHoldUnder PerformSellNo OpinionMean RatingPrev Mean RatingMean Label
STLCStelco Holdings Inc2130003.83333.5Outperform
CGCenterra Gold Inc6300004.66674.625Buy
LBLaurentian Bank of Canada0051302.22222.125Underperform
ERE-UNEuropean Residential REIT3250003.83.7Outperform

All data provided as of February 22, 2024.

More about Stelco Holdings Inc

Stelco Holdings Inc is a steel company. It is engaged in the production and selling of steel products for customers in the steel service center, appliance, automotive, energy, construction, pipe, and tube industries in North America. The company's product offering includes Stelco Hot Roll Products, Hot Roll Automotive, Stelmax 80, Stelmax 90, and Stelmax 100. Its products are used in Automotive, Energy, and Construction.

Stelco Holdings Inc is listed under STLC on the Toronto Stock Exchange.

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