Russel Metals Inc. (TSX:RUS)
62.02
+1.82 (3.02%)
May 28, 2026, 12:49 PM EST
Russel Metals Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Russel Metals stock has a consensus rating of "Buy" and an average price target of $60.79. The average 1-year stock price forecast is 1.98% lower than the current stock price, while the lowest is $52.00 (-16.16%) and the highest is $68.00 (+9.64%).
Price Target: $60.79 (-1.98%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Russel Metals stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $63.00 → $68.00 | Buy | Maintains | $63.00 → $68.00 | +9.64% | May 11, 2026 |
Unknown Analyst Raymond James No rating | Raymond James | Buy Maintains $60.00 → $65.00 | Buy | Maintains | $60.00 → $65.00 | +4.80% | May 8, 2026 |
| National Bank | National Bank | Buy Maintains $51.00 → $52.00 | Buy | Maintains | $51.00 → $52.00 | -16.16% | May 8, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $54.00 → $62.00 | Buy | Maintains | $54.00 → $62.00 | -0.03% | May 7, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $55.00 → $63.00 | Buy | Reiterates | $55.00 → $63.00 | +1.58% | May 7, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.