Reliance, Inc. (RS)
NYSE: RS · Real-Time Price · USD
271.37
+0.39 (0.14%)
At close: Dec 26, 2024, 3:54 PM
271.30
-0.07 (-0.03%)
After-hours: Dec 26, 2024, 4:00 PM EST
Reliance Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Reliance stock have an average target of 344, with a low estimate of 325 and a high estimate of 380. The average target predicts an increase of 26.76% from the current stock price of 271.37.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Reliance stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Initiates $341 | Hold | Initiates | $341 | +25.66% | Dec 2, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $340 → $330 | Buy | Maintains | $340 → $330 | +21.61% | Oct 25, 2024 |
| Keybanc | Keybanc | Buy Maintains $335 → $325 | Buy | Maintains | $335 → $325 | +19.76% | Oct 14, 2024 |
| Wolfe Research | Wolfe Research | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Jul 26, 2024 |
| Keybanc | Keybanc | Buy Maintains $341 → $325 | Buy | Maintains | $341 → $325 | +19.76% | Jul 3, 2024 |
Financial Forecast
Revenue This Year
14.23B
from 14.81B
Decreased by -3.91%
Revenue Next Year
14.44B
from 14.23B
Increased by 1.48%
EPS This Year
16.95
from 22.64
Decreased by -25.11%
EPS Next Year
17.88
from 16.95
Increased by 5.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.6B | 15.1B | 15.3B |
| Avg | 14.2B | 14.4B | 14.7B |
| Low | 13.4B | 13.3B | 13.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.5% | 6.0% | 6.3% |
| Avg | -3.9% | 1.5% | 1.7% |
| Low | -9.2% | -6.8% | -6.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.40 | 20.63 | 19.61 |
| Avg | 16.95 | 17.88 | 18.40 |
| Low | 16.03 | 14.44 | 16.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -23.2% | 21.7% | 9.7% |
| Avg | -25.1% | 5.5% | 2.9% |
| Low | -29.2% | -14.9% | -7.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.