Russel Metals Inc. (TSX:RUS)
60.15
+0.92 (1.55%)
Jun 30, 2026, 4:00 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 $61.50. The average 1-year stock price forecast is 2.24% higher than the current stock price, while the lowest is $52.00 (-13.55%) and the highest is $70.00 (+16.38%).
Price Target: $61.50 (+2.24%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 3 | 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 |
|---|---|---|---|---|---|---|---|
Unknown Analyst Raymond James No rating | Raymond James | Buy Maintains $65.00 → $70.00 | Buy | Maintains | $65.00 → $70.00 | +16.38% | Jun 5, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $63.00 → $68.00 | Buy | Maintains | $63.00 → $68.00 | +13.05% | May 11, 2026 |
| National Bank | National Bank | Buy Maintains $51.00 → $52.00 | Buy | Maintains | $51.00 → $52.00 | -13.55% | May 8, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $54.00 → $62.00 | Buy | Maintains | $54.00 → $62.00 | +3.08% | May 7, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $55.00 → $63.00 | Buy | Reiterates | $55.00 → $63.00 | +4.74% | May 7, 2026 |
Financial Forecast
Revenue This Year
5.61B
from 4.64B
Increased by 20.85%
Revenue Next Year
5.70B
from 5.61B
Increased by 1.68%
EPS This Year
3.62
from 3.01
Increased by 20.23%
EPS Next Year
3.76
from 3.62
Increased by 3.77%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 5.7B | |
| Avg | 5.6B | |
| Low | 5.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 23.0% | |
| Avg | 20.9% | |
| Low | 16.2% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 4.00 | |
| Avg | 3.62 | |
| Low | 3.14 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 32.9% | |
| Avg | 20.2% | |
| Low | 4.2% |