Stifel Downgrades MRC Global (MRC) to Hold

April 16, 2019 1:35 AM EDT
Get Alerts MRC Hot Sheet
Price: $9.10 -6.19%

Rating Summary:
    10 Buy, 13 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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Stifel analyst Nathan Jones downgraded MRC Global (NYSE: MRC) from Buy to Hold with a price target of $20.00.

  • Cites the valuation for stepping aside as the equity spot price nears the target price.

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

Shares of MRC Global closed at $18.58 yesterday.

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