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Reliance

RSNYSE
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$319.27
3.941.25%
At close: -
$313.18
-6.09-1.91%
After Hours: Nov 22, 4:37 PM EDT
The dividend Ex-Date was 2 days ago
Consensus Rating1
Neutral
Highest Price Target1
$380.00
Lowest Price Target1
$245.00
Consensus Price Target1
$309.29

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

Reliance Inc has a consensus price target of $309.29 based on the ratings of 8 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 BMO Capital, Keybanc, and Keybanc on October 25, 2024, October 14, 2024, and July 3, 2024, respectively. With an average price target of $326.67 between BMO Capital, Keybanc, and Keybanc, there's an implied 4.31% upside for Reliance Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
1
Jul
2
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
Keybanc
B of A Securities
Citigroup
Goldman Sachs

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 BMO Capital on October 25, 2024. The analyst firm set a price target for $330.00 expecting RS to rise to within 12 months (a possible 5.37% upside). 9 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 BMO Capital, and Reliance maintained their outperform 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 October 25, 2024 so you should expect the next rating to be made available sometime around October 25, 2025.

Q

Is the Analyst Rating Reliance (RS) correct?

A

While ratings are subjective and will change, the latest Reliance (RS) rating was a maintained with a price target of $340.00 to $330.00. The current price Reliance (RS) is trading at is $313.18, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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