United States Steel Corporation (NYSE:X) target price raised to $27.00, reported today by Citigroup Inc.
- Updated: September 17, 2016
Just yesterday United States Steel Corporation (NYSE:X) traded 0.93% lower at $20.56. X’s 50-day average is $21.86 and its two hundred day moving average is $18.02. The last close is up 11.69% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Trading volume was was up over the average, with 15,740,364 shares of X changing hands over the typical 15,128,900 shares..
In a report announced on Monday August 22 2016 Citigroup Inc. upped the target price of United States Steel Corporation (NYSE:X) from $0 to $27 reporting a possible upsideof 0.31%.
See Graph Below:
A total of 14 firms have released a research note on X. Zero rate the company a strong buy, three firms rate the stock a buy, eight analyts rate the stock a hold, four firms rate the stock to underperform, and lastly two analystsrate the stock as sell with a one year target of $16.29
United States Steel Corporation has a one-year low of $6.15 and a 52 week high of $27.64 and has a market cap of $0.0.
Brief Synopsis 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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