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Reliance

RSNYSE
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$281.08
-5.06-1.77%
At Close: -
$281.08
00.00%
After Hours: Sep 20, 4:39 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$380.00
Lowest Price Target1
$245.00
Consensus Price Target1
$311.43

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

Reliance Inc has a consensus price target of $311.43 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 Keybanc, B of A Securities, and BMO Capital on July 3, 2024, June 26, 2024, and April 26, 2024, respectively. With an average price target of $335 between Keybanc, B of A Securities, and BMO Capital, there's an implied 19.18% upside for Reliance Inc from these most-recent analyst ratings.

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

Analyst Firms Making Recommendations1

Keybanc
B of A Securities
BMO Capital
Citigroup
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Reliance

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FAQ

Q

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

A

The latest price target for Reliance (NYSE:RS) was reported by Wolfe Research on July 26, 2024. The analyst firm set a price target for $0.00 expecting RS to fall to within 12 months (a possible -100.00% downside). 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 Wolfe Research, and Reliance downgraded their underperform 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 July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.

Q

Is the Analyst Rating Reliance (RS) correct?

A

While ratings are subjective and will change, the latest Reliance (RS) rating was a downgraded with a price target of $0.00 to $0.00. The current price Reliance (RS) is trading at is $281.08, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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