United States Steel Corporation – Consensus Says Potential 62.9% Rise

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United States Steel Company with the ticker code (X) now have 9 analysts covering the stock with the consensus suggesting a “Hold” rating. The target price is between 50 and 24.3 and has an average target of 35.65. Now, with the previous closing price of 21.88, that would imply a potential rise of 62.9%. The 50-day MA is 26.14 while the 200-day moving average is 24.61. The company’s market capitalization is $ 5,902 million. You can visit the company’s website by visiting: http://www.ussteel.com

United States Steel Corporation produces and sells flat rolled and tubular steel products primarily in North America and Europe. It operates in three segments: North American Flat-Rolled, US Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled segment offers slab, strip mill plate, plate and tin products, as well as all iron ore and coke. This segment serves customers in the service center, conversion, automotive, construction, container, appliance and electrical markets. The USSE segment supplies slab, strip mill plate, plate, tin products and spiral welded pipe, as well as refractory ceramic materials. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas and petrochemical markets. The Tubular segment offers seamless and electrical resistance welded steel tubing and tubing products, as well as standard tubing and pipeline and mechanical tubing products primarily to customers in the oil, gas and petrochemical markets. The company also provides rail services and real estate operations. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

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