Latest news with #BluescopeSteel
Business Insider
26-06-2025
- Business
- Business Insider
Analysts Offer Insights on Materials Companies: Westgold Resources (OtherWGXRF) and Bluescope Steel (OtherBLSFF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Westgold Resources (WGXRF – Research Report) and Bluescope Steel (BLSFF – Research Report). Confident Investing Starts Here: Westgold Resources (WGXRF) Petra Capital analyst David Brennan maintained a Buy rating on Westgold Resources yesterday and set a price target of A$4.74. The company's shares closed last Wednesday at $1.90. Brennan has an average return of 18.4% when recommending Westgold Resources. According to Brennan is ranked #3734 out of 9653 analysts. Westgold Resources has an analyst consensus of Strong Buy, with a price target consensus of $2.66, a 39.9% upside from current levels. In a report issued on June 23, Canaccord Genuity also maintained a Buy rating on the stock with a A$4.40 price target. Bluescope Steel (BLSFF) Citi analyst Paul McTaggart maintained a Hold rating on Bluescope Steel today and set a price target of A$25.00. The company's shares closed last Monday at $15.07. According to McTaggart is a 4-star analyst with an average return of 8.9% and a 53.6% success rate. McTaggart covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, Sandfire Resources Limited, and Iluka Resources Limited. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bluescope Steel with a $17.93 average price target.
Business Insider
25-06-2025
- Business
- Business Insider
Bluescope Steel (BLSFF) Receives a Buy from RBC Capital
RBC Capital analyst Owen Birrell maintained a Buy rating on Bluescope Steel (BLSFF – Research Report) on June 23 and set a price target of A$28.50. The company's shares closed last Monday at $15.07. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Birrell covers the Industrials sector, focusing on stocks such as Transurban Group, Graincorp Limited Class A, and Aurizon Holdings. According to TipRanks, Birrell has an average return of 2.0% and a 50.00% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bluescope Steel with a $17.87 average price target, implying a 18.62% upside from current levels. In a report released on June 19, Jarden also maintained a Buy rating on the stock with a A$25.30 price target.
Business Insider
19-06-2025
- Business
- Business Insider
Analysts Offer Insights on Materials Companies: Bluescope Steel (OtherBLSFF) and Northern Star Resources Ltd (OtherNESRF)
Analysts have been eager to weigh in on the Materials sector with new ratings on Bluescope Steel (BLSFF – Research Report) and Northern Star Resources Ltd (NESRF – Research Report). Confident Investing Starts Here: Bluescope Steel (BLSFF) In a report released today, Rohan Gallagher from Jarden maintained a Buy rating on Bluescope Steel, with a price target of A$25.30. The company's shares closed last Monday at $15.07. According to Gallagher is a 4-star analyst with an average return of 8.9% and a 56.3% success rate. Gallagher covers the Basic Materials sector, focusing on stocks such as Brickworks Ltd, James Hardie, and Sims. Currently, the analyst consensus on Bluescope Steel is a Strong Buy with an average price target of $17.76, which is a 31.1% upside from current levels. In a report issued on June 10, Jefferies also maintained a Buy rating on the stock with a A$29.00 price target. Northern Star Resources Ltd (NESRF) Jarden analyst Ben Lyons maintained a Hold rating on Northern Star Resources Ltd yesterday and set a price target of A$19.40. The company's shares closed last Wednesday at $13.86. According to Lyons is a 4-star analyst with an average return of 9.4% and a 69.3% success rate. Lyons covers the Basic Materials sector, focusing on stocks such as Sandfire Resources Limited, Mineral Resources Limited, and Pilbara Minerals. Currently, the analyst consensus on Northern Star Resources Ltd is a Moderate Buy with an average price target of $14.97, which is a 6.4% upside from current levels. In a report issued on June 16, UBS also downgraded the stock to Hold with a A$23.00 price target.
Business Insider
04-06-2025
- Business
- Business Insider
Bluescope Steel (BLSFF) Receives a Buy from Jarden
Jarden analyst Rohan Gallagher maintained a Buy rating on Bluescope Steel (BLSFF – Research Report) yesterday and set a price target of A$24.00. The company's shares closed yesterday at $15.07. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Gallagher covers the Basic Materials sector, focusing on stocks such as James Hardie, Bluescope Steel , and Brickworks Ltd. According to TipRanks, Gallagher has an average return of 8.7% and a 59.42% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bluescope Steel with a $17.28 average price target, which is a 14.70% upside from current levels. In a report released on May 22, Goldman Sachs also maintained a Buy rating on the stock with a A$28.70 price target. The company has a one-year high of $17.00 and a one-year low of $9.50. Currently, Bluescope Steel has an average volume of 1,272.
Business Insider
15-05-2025
- Business
- Business Insider
RBC Capital Keeps Their Buy Rating on Bluescope Steel (BLSFF)
RBC Capital analyst Owen Birrell maintained a Buy rating on Bluescope Steel (BLSFF – Research Report) on May 13 and set a price target of A$28.50. The company's shares closed last Thursday at $14.50. Confident Investing Starts Here: Birrell covers the Industrials sector, focusing on stocks such as Transurban Group, Auckland International Airport , and Graincorp Limited Class A. According to TipRanks, Birrell has an average return of 0.7% and a 43.97% success rate on recommended stocks. Bluescope Steel has an analyst consensus of Strong Buy, with a price target consensus of $17.76, implying a 22.48% upside from current levels. In a report released on May 1, Jarden also maintained a Buy rating on the stock with a A$24.00 price target. Based on Bluescope Steel 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.93 billion and a net profit of $179.1 million. In comparison, last year the company earned a revenue of $8.54 billion and had a net profit of $439.3 million
