United States Steel Corporation with ticker code (X) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 42.75 and 20 and has a mean target at 26.5. With the stocks previous close at 19.68 this would indicate that there is a potential upside of 34.7%. The 50 day moving average now sits at 22.37 and the 200 day MA is 25.2. The market capitalisation for the company is $4,410m. You can visit the company’s website by visiting: https://www.ussteel.com
The potential market cap would be $5,938m based on the market concensus.
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical products. This segment serves customers in the automotive, appliance, construction, container, transportation, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
