Jefferies Sticks to Their Buy Rating for United States Steel

By Ryan Adsit

In a report released yesterday, Martin Englert from Jefferies reiterated a Buy rating on United States Steel (NYSE: X), with a price target of $32. The company’s shares opened today at $27.05.

According to TipRanks.com, Englert is a 1-star analyst with an average return of -1.6% and a 56.0% success rate. Englert covers the Basic Materials sector, focusing on stocks such as Layne Christensen Company, Jacobs Engineering, and AK Steel Holding.

United States Steel has an analyst consensus of Moderate Buy, with a price target consensus of $29.25.

The company has a one year high of $41.83 and a one year low of $15.72. Currently, United States Steel has an average volume of 17.02M.

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United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following segments: Flat-Rolled Products, U.S. Steel Europe, and Tubular Products.