United States Steel Corporation (X) : Zacks Investment Research ranks United States Steel Corporation (X) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 3.42, which indicates as a Hold.
United States Steel Corporation (X) : Average target price received by United States Steel Corporation (X) is $19.59 with an expected standard deviation of $4.77. The most aggressive target on the stock is $28, whereas the most downbeat target is $12. 11 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week United States Steel Corporation (NYSE:X): The stock opened at $23.37 on Thursday but the bulls could not build on the opening and the stock topped out at $23.50 for the day. The stock traded down to $22.31 during the day, due to lack of any buying support eventually closed down at $22.68 with a loss of -2.20% for the day. The stock had closed at $23.19 on the previous day. The total traded volume was 18,386,904 shares.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of United States Steel Corp, Mascarenas Paul Anthony had purchased shares worth of $18,900 in a transaction dated on May 5, 2016. A total of 1,000 shares were purchased at a price of $18.9 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
United States Steel Corporation (U. S. Steel) is a 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 results of the Companys railroad and real estate businesses are combined under the Other Businesses category. The Flat-rolled Products segment includes the operating results of all facilities within U. S. Steels integrated steel plants in the United States, except the Fairfield pipe facility. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), the Companys steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steels tubular production facilities, primarily in the United States, and equity investees in the United States and Brazil.