KeyBanc Capital Markets upgraded United States Steel Corporation (NYSE:X) from Underweight to Sector Weight in a report released today.
- Updated: September 19, 2016
KeyBanc Capital Markets has upgraded United States Steel Corporation(NYSE:X) from Underweight to Sector Weight in a statement released on 9/19/2016.
Just yesterday United States Steel Corporation (NYSE:X) traded 0.00% even at $15.91. United States Steel Corporation’s 50-day moving average is $21.86 and its two hundred day average is $18.02. With the last stock close down 11.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 17,650 shares of X were exchanged, down from ann average trading volume of 15,128,900.
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United States Steel Corporation has a one-year low of $6.15 and a 52 week high of $27.64 and has a market capitalization of $0.0.
In addition to KeyBanc Capital Markets reporting it’s target price, a total of 14 brokerages have issued a report on X. The average target stock price is $16.29 with 0 rating the stock a strong buy, three analysts rating the company a buy, eight firms rating the stock a hold, four firms rating the company to underperform, and lastly two firmsrating the company as sell.
About United States Steel Corporation (NYSE:X)
United States Steel Corporation (U. S. Steel) is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled segment includes the operating results of U. S. Steel’s integrated steel plants and equity investees in the United States involved in the production of slabs, rounds, strip mill plates, sheets and tin mill products, as well as all iron ore and coke production facilities in the United States. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), U. S. Steel’s integrated steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steel’s tubular production facilities, primarily in the United States, and and equity investees in the United States and Brazil.
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