2 weeks Ago By Defense World Staff
Algoma Steel Group ( TSE:ASTL – Get Free Report ) had its price objective hoisted by Stifel Nicolaus from C$20.00 to C$22.00 in a report issued on Friday, BayStreet.
CA reports. Stifel Nicolaus’ price objective indicates a potential upside of 40.04% from the company’s previous close.
Separately, BMO Capital Markets raised their target price on Algoma Steel Group from C$13.00 to C$15.00 in a report on Thursday, August 15th.
View Our Latest Stock Report on Algoma Steel Group Algoma Steel Group Price Performance Insiders Place Their Bets In other Algoma Steel Group news, Director David Daniel Sgro sold 6,845 shares of the company’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of C$10.06, for a total transaction of C$68,842.
90. Also, Director Michael Allan Mcquade sold 36,260 shares of Algoma Steel Group stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$13.
80, for a total transaction of C$500,388.00. Corporate insiders own 7.
57% of the company’s stock. About Algoma Steel Group ( Get Free Report ) Algoma Steel Group Inc produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications.
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