Deutsche Bank Maintains a 'Buy' on Steel Dynamics (STLD); Trimming Numbers

June 27, 2012 10:40 AM EDT
Get Alerts STLD Hot Sheet
Price: $35.61 -0.61%

Rating Summary:
    17 Buy, 6 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 35 | Down: 31 | New: 10
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Deutsche Bank maintains a 'Buy' on Steel Dynamics (NASDAQ: STLD) price target of $18.00 (from $19.00).

Analyst, David S. Martin, said, "We believe that Steel Dynamics should trade
should trade inline with its peer group given the size and location of its asset base,
operations and growth prospects. Further, we believe that its position in the met Steel market bodes well for the company's earnings potential in the foreseeable future."

For an analyst ratings summary and ratings history on Steel Dynamics click here. For more ratings news on Steel Dynamics click here.

Shares of Steel Dynamics closed at $11.36 yesterday.

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