Stelco Holdings: Stocks Analysts Recently Downgraded on TSX (STLC)
Stelco Holdings Inc is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded 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 in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital.
Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| ENB | Enbridge Inc | 6 | 4 | 3 | 0 | 0 | 0 | 4.2308 | 4.2857 | Outperform |
| PPL | Pembina Pipeline Corp | 5 | 0 | 3 | 0 | 0 | 0 | 4.25 | 4.3333 | Outperform |
| FTS | Fortis Inc | 1 | 3 | 4 | 0 | 0 | 0 | 3.625 | 3.7778 | Outperform |
| EMA | Emera Inc | 2 | 1 | 4 | 0 | 1 | 0 | 3.375 | 3.5556 | Hold |
| ALA | AltaGas Ltd | 7 | 1 | 0 | 0 | 0 | 0 | 4.875 | 4.8889 | Buy |
| KEY | Keyera Corp | 2 | 0 | 6 | 0 | 0 | 0 | 3.5 | 3.6667 | Hold |
| CU | Canadian Utilities Ltd | 1 | 0 | 4 | 0 | 0 | 0 | 3.4 | 3.6667 | Hold |
| ACO-X | Atco Ltd | 3 | 0 | 2 | 0 | 0 | 0 | 4.2 | 4.3333 | Outperform |
| ACO-Y | Atco Ltd | 3 | 0 | 2 | 0 | 0 | 0 | 4.2 | 4.3333 | Outperform |
| CHP-UN | Choice Properties Real Estate Investment Trust | 3 | 2 | 2 | 0 | 0 | 0 | 4.1429 | 4.1667 | Outperform |
| GEI | Gibson Energy Inc | 5 | 0 | 1 | 0 | 0 | 0 | 4.6667 | 4.7143 | Buy |
| STLC | Stelco Holdings Inc | 3 | 1 | 2 | 0 | 0 | 0 | 4.1667 | 4.4 | Outperform |
All data provided as of June 14, 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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