Reliance Steel & Aluminum Co. (RS) At $93.90 Forms Top; Last Week Craneware plc (LON:CRW) Analysts

Craneware plc (LON:CRW) Logo

Among 3 analysts covering Craneware (LON:CRW), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Craneware had 39 analyst reports since July 16, 2015 according to SRatingsIntel. The stock of Craneware plc (LON:CRW) earned “Buy” rating by Investec on Wednesday, November 18. The firm has “Buy” rating by Peel Hunt given on Thursday, August 25. The stock of Craneware plc (LON:CRW) has “Buy” rating given on Tuesday, March 7 by Peel Hunt. The firm has “Buy” rating by Peel Hunt given on Monday, March 14. The stock has “Buy” rating by Peel Hunt on Thursday, May 3. The rating was maintained by Peel Hunt on Wednesday, April 26 with “Buy”. Peel Hunt maintained Craneware plc (LON:CRW) rating on Tuesday, July 11. Peel Hunt has “Buy” rating and GBX 1495 target. The firm has “Buy” rating by Peel Hunt given on Wednesday, July 13. The stock of Craneware plc (LON:CRW) has “Buy” rating given on Wednesday, April 4 by Peel Hunt. Investec maintained the stock with “Buy” rating in Friday, January 22 report. See Craneware plc (LON:CRW) latest ratings:

03/05/2018 Broker: Peel Hunt Rating: Buy New Target: GBX 2100.00 Maintain
04/04/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 2100.00 Maintain
26/03/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 2100.00 New Target: GBX 2100.00 Maintain
06/03/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 2100.00 New Target: GBX 2100.00 Maintain
01/03/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 2100.00 New Target: GBX 2100.00 Maintain
13/02/2018 Broker: Peel Hunt Rating: Buy New Target: GBX 2100.00 Maintain
01/02/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 1800.00 New Target: GBX 1800.00 Maintain
08/01/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 1800.00 New Target: GBX 1800.00 Maintain
03/01/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 1800.00 New Target: GBX 1800.00 Maintain
04/12/2017 Broker: Peel Hunt Rating: Buy Old Target: GBX 1800.00 New Target: GBX 1800.00 Maintain

Reliance Steel & Aluminum Co. (RS) formed multiple top with $98.60 target or 5.00% above today’s $93.90 share price. Reliance Steel & Aluminum Co. (RS) has $6.79B valuation. The stock increased 1.35% or $1.25 during the last trading session, reaching $93.9. About 273,486 shares traded. Reliance Steel & Aluminum Co. (NYSE:RS) has risen 8.18% since May 16, 2017 and is uptrending. It has underperformed by 3.37% the S&P500.

Analysts await Reliance Steel & Aluminum Co. (NYSE:RS) to report earnings on July, 26. They expect $2.67 earnings per share, up 90.71% or $1.27 from last year’s $1.4 per share. RS’s profit will be $193.13 million for 8.79 P/E if the $2.67 EPS becomes a reality. After $2.30 actual earnings per share reported by Reliance Steel & Aluminum Co. for the previous quarter, Wall Street now forecasts 16.09% EPS growth.

Among 10 analysts covering Reliance Steel (NYSE:RS), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Reliance Steel has $107.0 highest and $31 lowest target. $98.67’s average target is 5.08% above currents $93.9 stock price. Reliance Steel had 40 analyst reports since September 8, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of RS in report on Thursday, March 29 with “Buy” rating. The firm has “Buy” rating given on Wednesday, September 16 by Jefferies. The firm earned “Neutral” rating on Friday, February 19 by Bank of America. The firm has “Hold” rating by Jefferies given on Tuesday, May 30. Cowen & Co maintained it with “Buy” rating and $92.0 target in Friday, November 3 report. On Wednesday, October 4 the stock rating was maintained by Jefferies with “Hold”. Deutsche Bank maintained it with “Buy” rating and $95 target in Monday, December 5 report. The firm has “Buy” rating given on Friday, June 23 by Deutsche Bank. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) has “Buy” rating given on Thursday, January 4 by Cowen & Co. Longbow upgraded the stock to “Buy” rating in Wednesday, February 7 report.

Investors sentiment increased to 1.07 in 2017 Q4. Its up 0.11, from 0.96 in 2017Q3. It is positive, as 30 investors sold Reliance Steel & Aluminum Co. shares while 100 reduced holdings. 42 funds opened positions while 97 raised stakes. 58.59 million shares or 0.81% less from 59.07 million shares in 2017Q3 were reported. Regions Corp holds 0% in Reliance Steel & Aluminum Co. (NYSE:RS) or 410 shares. Panagora Asset Management stated it has 0% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). The New York-based Virtu Fincl Lc has invested 0.01% in Reliance Steel & Aluminum Co. (NYSE:RS). Raymond James & Assocs holds 0% or 22,812 shares. Old Mutual Customised Solutions (Proprietary) Ltd reported 0.02% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). Louisiana State Employees Retirement has invested 0.07% in Reliance Steel & Aluminum Co. (NYSE:RS). Geode Capital Management Ltd Liability Company holds 0.02% or 814,324 shares. Shell Asset reported 8,840 shares. California Pub Employees Retirement accumulated 203,048 shares. L S Advsr Inc accumulated 10,595 shares or 0.14% of the stock. Rdl Fincl holds 14,691 shares. California State Teachers Retirement Systems owns 123,207 shares. Peak6 Invs L P accumulated 0% or 9,890 shares. 141 were reported by Perigon Wealth Management Ltd. 1,901 are owned by Us National Bank & Trust De.

Since December 8, 2017, it had 0 insider buys, and 7 insider sales for $5.52 million activity. On Wednesday, February 21 the insider HOFFMAN JAMES DONALD sold $461,500. GIMBEL THOMAS W had sold 6,000 shares worth $553,860 on Wednesday, February 28. HAYES DOUGLAS M sold 6,000 shares worth $561,480. 1,123 shares were sold by Smith William A II, worth $92,861 on Friday, December 8. The insider Sharkey Andrew G III sold 2,000 shares worth $185,400. MOLLINS GREGG J had sold 8,990 shares worth $853,061 on Tuesday, February 20.

Craneware plc engages in the development, licensing, and ongoing support of computer software for the United States healthcare industry. The company has market cap of 479.92 million GBP. The firm offers patient engagement solutions that enhance patient satisfaction with billing by providing accurate out-of-pocket estimates and mobile-friendly payment plans; reduce bad debt and ineffective paper collections with upfront patient engagement and point-of-service collections; and provide all-payor medical necessity validation and prior authorization coverage to ensure accuracy and prevent denials. It has a 34.09 P/E ratio. It also provides charge capture and pricing solutions, which automate the management of charge and claims data to deliver financial improvement to the well-known provider systems; Trisus Claims Informatics, a retrospective charge capture analytical tool, which identifies high-impact areas of risk for team to investigate; revenue recovery and retention solutions that help in managing denials, underpayments, pre-payments, and retrospective claim audits; and automated cost analytics solutions that enhance financial and operational performance for healthcare organizations.

Reliance Steel & Aluminum Co. (NYSE:RS) Institutional Positions Chart