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MRC Global ( (MRC) ) has issued an announcement.
On June 26, 2025, MRC Global Inc. entered into a merger agreement with DNOW Inc., which involves a two-step merger process. The merger has led to shareholder actions alleging material omissions in the joint proxy statement/prospectus, with MRC Global responding by supplementing disclosures to avoid delays in closing the merger.
The most recent analyst rating on (MRC) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on MRC Global stock, see the MRC Stock Forecast page.
Spark’s Take on MRC Stock
According to Spark, TipRanks’ AI Analyst, MRC is a Neutral.
MRC Global’s overall stock score is driven by a combination of financial challenges and positive corporate developments. The financial performance is the most significant factor, showing profitability and cash flow concerns. However, technical indicators and recent corporate events provide a positive outlook, balancing the overall score.
To see Spark’s full report on MRC stock, click here.
More about MRC Global
MRC Global Inc. is a Delaware-based corporation operating in the industrial distribution sector. The company primarily focuses on providing pipe, valve, and fitting products and services to the energy and industrial sectors.
Average Trading Volume: 999,189
Technical Sentiment Signal: Buy
Current Market Cap: $1.31B
For a thorough assessment of MRC stock, go to TipRanks’ Stock Analysis page.