Tree Island Steel (TSE:TSL) had its stock price target reduced to $3.25 by PI Financial in a report released Friday November 03, 2017. The new stock price target indicates a potential upside of 0.48% from the company's last stock close price.
On 05/02/2017, Raymond James released a statement for Tree Island Steel (TSE:TSL) raised the target price from $0.00 to $5.75 that suggested an upside of 0.33%.
With a total market value of $0, Tree Island Steel has P/E ratio of 9.75 with a 52 week low of $3.14 and a 52 week high of $6.55 .
In addition to PI Financial reporting its stock price target, a total of 3 analysts have released a report on Tree Island Steel. The 12-month price target is $4.18 with 0 brokerages rating the stock a strong buy, 0 equity analysts rating the company a buy, zero equity analysts rating the company a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Tree Island Steel (TSE:TSL)
Tree Island Steel Ltd. is a Canada-based manufacturer and supplier of wire products for a range of applications. The Company is engaged in making products from steel wire for a range of customers for industrial, construction, agricultural and specialty applications. The Company's products include galvanized wire, bright wire, an array of fasteners, including packaged, collated and bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The Company markets products under the Tree Island, Halsteel, K-Lath, Industrial Alloys, TI Wire and Tough Strand brand names. The Company also operates a China-based company that assists with international sourcing of products. Its subsidiary is Tree Island Industries Ltd., which supplies a range of steel wire and fabricated steel wire products to customers in Canada, the United States and internationally.
The post A report released today by PI Financial about Tree Island Steel (TSE:TSL) lowers the target price to $3.25 appeared first on Octafinance.