Reliance, Inc. (RS)
NYSE: RS · Real-Time Price · USD
319.27
+3.94 (1.25%)
Nov 22, 2024, 4:00 PM EST - Market closed
Reliance Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Reliance stock have an average target of 345, with a low estimate of 325 and a high estimate of 380. The average target predicts an increase of 8.06% from the current stock price of 319.27.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Reliance stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $340 → $330 | Buy | Maintains | $340 → $330 | +3.36% | Oct 25, 2024 |
| Keybanc | Keybanc | Buy Maintains $335 → $325 | Buy | Maintains | $335 → $325 | +1.79% | 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 | +1.79% | Jul 3, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $340 → $335 | Hold | Maintains | $340 → $335 | +4.93% | Jun 26, 2024 |
Financial Forecast
Revenue This Year
14.21B
from 14.81B
Decreased by -4.00%
Revenue Next Year
14.39B
from 14.21B
Increased by 1.23%
EPS This Year
16.94
from 22.64
Decreased by -25.18%
EPS Next Year
17.55
from 16.94
Increased by 3.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.5B | 14.9B | 15.1B |
| Avg | 14.2B | 14.4B | 14.5B |
| Low | 13.4B | 13.3B | 13.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.9% | 5.1% | 4.9% |
| Avg | -4.0% | 1.2% | 0.7% |
| Low | -9.2% | -6.5% | -6.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.38 | 20.63 | 18.98 |
| Avg | 16.94 | 17.55 | 17.97 |
| Low | 16.03 | 14.44 | 16.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -23.2% | 21.8% | 8.2% |
| Avg | -25.2% | 3.6% | 2.4% |
| Low | -29.2% | -14.8% | -6.1% |
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.