Goldman Sachs Downgrades Mechel (MTL) to Neutral

June 28, 2012 8:10 AM EDT Send to a Friend
Get Alerts MTL Hot Sheet
Price: $3.62 -3.47%

Rating Summary:
    2 Buy, 3 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 21 | Down: 24 | New: 29
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Goldman Sachs downgraded Mechel (NYSE: MTL) from Buy to Neutral. The firm said the company's below-average positing and high financial leverage will constrain upside potential versus peers.

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

Shares of Mechel closed at $5.93 yesterday, with a 52 week range of $5.08-$25.91.


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