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Reliance

RSNYSE
Logo brought to you by Benzinga Data
$270.98
0.900.33%
At close: -
$270.86
-0.12-0.04%
After Hours: 2:26 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$380.00
Lowest Price Target1
$245.00
Consensus Price Target1
$313.25

Reliance (NYSE:RS) Stock, Analyst Ratings, Price Targets, Forecasts

Reliance Inc has a consensus price target of $313.25 based on the ratings of 9 analysts. The high is $380 issued by Citigroup on April 11, 2024. The low is $245 issued by Goldman Sachs on February 21, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, BMO Capital, and Keybanc on December 2, 2024, October 25, 2024, and October 14, 2024, respectively. With an average price target of $332 between Goldman Sachs, BMO Capital, and Keybanc, there's an implied 22.57% upside for Reliance Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
1
Jul
2
Oct
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
BMO Capital
Keybanc
B of A Securities
Citigroup

1calculated from analyst ratings

Analyst Ratings for Reliance

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Reliance (RS) stock?

A

The latest price target for Reliance (NYSE:RS) was reported by Goldman Sachs on December 2, 2024. The analyst firm set a price target for $341.00 expecting RS to rise to within 12 months (a possible 25.90% upside). 10 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Reliance (RS)?

A

The latest analyst rating for Reliance (NYSE:RS) was provided by Goldman Sachs, and Reliance initiated their neutral rating.

Q

When was the last upgrade for Reliance (RS)?

A

The last upgrade for Reliance Inc happened on April 29, 2022 when Wolfe Research raised their price target to $226. Wolfe Research previously had a peer perform for Reliance Inc.

Q

When was the last downgrade for Reliance (RS)?

A

The last downgrade for Reliance Inc happened on July 26, 2024 when Wolfe Research changed their price target from N/A to N/A for Reliance Inc.

Q

When is the next analyst rating going to be posted or updated for Reliance (RS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reliance, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Reliance was filed on December 2, 2024 so you should expect the next rating to be made available sometime around December 2, 2025.

Q

Is the Analyst Rating Reliance (RS) correct?

A

While ratings are subjective and will change, the latest Reliance (RS) rating was a initiated with a price target of $0.00 to $341.00. The current price Reliance (RS) is trading at is $270.86, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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