U.S. Steel (NYSE:X) price target upped to $27.00, reported earlier today by Citigroup
- Updated: September 17, 2016
Displaying a price of $20.38, U.S. Steel (NYSE:X) traded 0.93% lower on the day. With the last stock close up 11.69% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. X has logged a 50-day moving average of $21.86 and two hundred day average of $18.02. Trade volume was was up over the average, with 15,740,364 shares of X changing hands over the typical 15,128,900 shares.
Indicating a possible upside of 0.32%, Citigroup bumped the price target of U.S. Steel (NYSE:X) to $27
Recent Performance Graph:
Also covering U.S. Steel’s price target, a total of 14 analysts have issued a ratings update on U.S. Steel. The one year target price is $16.29 with 0 rating the company a strong buy, three analysts rating the company a buy, eight firms rating the stock a hold, four firms rating the stock to underperform, and finally two firms rating the stock as sell.
U.S. Steel has a 52 week low of $6.15 and a one-year high of $27.64. The company’s market cap is presently $0.0.
Brief Synopsis About U.S. Steel (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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