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KeyBanc Downgrades A. M. Castle (CAS) to Hold; Valuation Call

April 30, 2012 7:18 AM EDT
Get Alerts CAS Hot Sheet
Price: $27.01 +0.45%

Rating Summary:
    0 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 5 | Down: 11 | New: 27
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KeyBanc downgraded A. M. Castle (NYSE: CAS) from Buy to Hold.

KeyBanc analyst said, "After a rocky 4Q11 performance, the stock has been the best performer in our space year-to-date, achieving 45% upside vs. the S&P 500's +12% and the Market Vectors Steel Index's (SLX-NYSE) +10%."

For an analyst ratings summary and ratings history on A. M. Castle click here. For more ratings news on A. M. Castle click here.

Shares of A. M. Castle closed at $13.75 yesterday.


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