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Reliance Steel ( (RS) ) has shared an announcement.
On August 14, 2025, Reliance, Inc. entered into a Term Loan Agreement with several financial institutions, including Bank of America, Wells Fargo, PNC Bank, and U.S. Bank, with JPMorgan Chase as the documentation agent. This agreement signifies a strategic financial move for Reliance, potentially impacting its financial stability and operational capabilities.
The most recent analyst rating on (RS) stock is a Buy with a $325.00 price target. To see the full list of analyst forecasts on Reliance Steel stock, see the RS Stock Forecast page.
Spark’s Take on RS Stock
According to Spark, TipRanks’ AI Analyst, RS is a Outperform.
Reliance Steel has a solid financial foundation with strong profitability and market share gains. However, the stock faces challenges with declining revenue, high valuation, and market uncertainties. These factors contribute to a moderate overall stock score, emphasizing the need for strategic growth initiatives.
To see Spark’s full report on RS stock, click here.
More about Reliance Steel
Average Trading Volume: 395,424
Technical Sentiment Signal: Hold
Current Market Cap: $15.27B
Learn more about RS stock on TipRanks’ Stock Analysis page.
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