$292.32
-21.24[-6.77%]
At close: Apr 25
$292.32
0[0.00%]
After Hours: 4:14PM EDT
Reliance Stock (NYSE:RS), Analyst Ratings, Price Targets, Predictions
Reliance Inc has a consensus price target of $241.3, established from looking at the 36 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, BMO Capital, and Keybanc on April 11, 2024, February 20, 2024, and February 16, 2024. With an average price target of $365.67 between Citigroup, BMO Capital, and Keybanc, there's an implied 25.09% upside for Reliance Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
BMO Capital
Keybanc
Wolfe Research
Goldman Sachs
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Reliance
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/11/2024 | RS | Buy Now | Reliance | $292.32 | 29.99% | Citigroup | Daniel Knauff | $280 → $380 | Downgrade | Buy → Neutral | Get Alert |
| 02/20/2024 | RS | Buy Now | Reliance | $292.32 | 21.44% | BMO Capital | Katja Jancic | $295 → $355 | Maintains | Outperform | Get Alert |
| 02/16/2024 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | 23.84% | Keybanc | Philip Gibbs | $300 → $362 | Maintains | Overweight | Get Alert |
| 10/27/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -2.5% | Keybanc | Philip Gibbs | $290 → $285 | Maintains | Overweight | Get Alert |
| 10/17/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -0.79% | Keybanc | Philip Gibbs | $300 → $290 | Maintains | Overweight | Get Alert |
| 07/17/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | 2.63% | Keybanc | Philip Gibbs | $275 → $300 | Maintains | Overweight | Get Alert |
| 04/28/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | — | Wolfe Research | Timna Tanners | — | Downgrade | Outperform → Peer Perform | Get Alert |
| 04/28/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -5.93% | Keybanc | Philip Gibbs | $265 → $275 | Maintains | Overweight | Get Alert |
| 03/13/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -7.64% | Goldman Sachs | Kate McShane | $245 → $270 | Maintains | Neutral | Get Alert |
| 03/10/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -7.64% | Goldman Sachs | Kate McShane | $245 → $270 | Maintains | Neutral | Get Alert |
| 02/21/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -16.19% | Goldman Sachs | Emily Chieng | $216 → $245 | Maintains | Neutral | Get Alert |
| 02/17/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -4.21% | Citigroup | Alexander Hacking | $230 → $280 | Maintains | Buy | Get Alert |
| 02/17/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -16.19% | Goldman Sachs | Emily Chieng | $216 → $245 | Maintains | Neutral | Get Alert |
| 02/17/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -9.35% | Keybanc | Philip Gibbs | $235 → $265 | Maintains | Overweight | Get Alert |
| 01/25/2023 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -19.61% | Keybanc | Philip Gibbs | $225 → $235 | Maintains | Overweight | Get Alert |
| 11/22/2022 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -23.03% | Keybanc | Philip Gibbs | $210 → $225 | Maintains | Overweight | Get Alert |
| 10/28/2022 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -28.16% | Keybanc | Philip Gibbs | $207 → $210 | Maintains | Overweight | Get Alert |
| 10/06/2022 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -31.24% | Goldman Sachs | Emily Chieng | $218 → $201 | Downgrade | Buy → Neutral | Get Alert |
| 08/15/2022 | RS | Buy Now | Reliance Steel & Aluminum | $292.32 | -21.32% | BMO Capital | Katja Jancic | → $230 | Initiates | → Outperform | Get Alert |
FAQ
What is the target price for Reliance (RS)?
The latest price target for Reliance (NYSE: RS) was reported by Citigroup on April 11, 2024. The analyst firm set a price target for $380.00 expecting RS to rise to within 12 months (a possible 29.99% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Reliance (RS)?
The latest analyst rating for Reliance (NYSE: RS) was provided by Citigroup, and Reliance downgraded their neutral rating.
When was the last upgrade for Reliance (RS)?
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.
When was the last downgrade for Reliance (RS)?
The last downgrade for Reliance Inc happened on April 11, 2024 when Citigroup changed their price target from $280 to $380 for Reliance Inc.
When is the next analyst rating going to be posted or updated for Reliance (RS)?
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 April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
Is the Analyst Rating Reliance (RS) correct?
While ratings are subjective and will change, the latest Reliance (RS) rating was a downgraded with a price target of $280.00 to $380.00. The current price Reliance (RS) is trading at is $292.32, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.