Rating Change
Barclays analysts initiated coverage on Reliance Steel & Aluminum Co. (NYSE:RS) with a rating of Equal-Weight on October 14, 2026.
new coverageNYSE:RS
Barclays Initiates Coverage on Reliance Steel & Aluminum Co. (RS) with Equal-Weight
Barclays analysts initiated coverage on Reliance Steel & Aluminum Co. (NYSE:RS) with a rating of Equal-Weight on October 14, 2026.
At publication ·
What changed
Reliance Steel & Aluminum Co. (NYSE:RS) · new coverage
- Firm
- Barclays
- Rating
- Equal-Weight
- Price at event
- $407.07
- Market capitalization
- $15.2B
At a glance
Key takeaways
- Barclays initiated coverage of Reliance Steel & Aluminum Co. with an Equal-Weight rating on October 14, 2026.
- The stock trades at $407.07 with a $15.2B market capitalization and has gained 46.4% over the past 52 weeks.
Market Context
Reliance Steel & Aluminum Co. operates in the Basic Materials sector. The stock currently trades at $407.07 with a market capitalization of $15.2B. The stock has gained 46.4% over the past 52 weeks.
Analyst coverage from Barclays provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Reliance Steel & Aluminum Co.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Reliance Steel & Aluminum Co.
Among the 10 most recent ratings: 2 Buy, 8 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 14, 2026 | Barclays | Equal-Weight | N/A |
| Oct 09, 2026 | JP Morgan | Neutral | N/A |
| Oct 05, 2026 | Keybanc | Overweight | N/A |
| Sep 09, 2026 | JP Morgan | Neutral | N/A |
| Aug 24, 2026 | Wells Fargo | Equal-Weight | N/A |
Related Tools: Analyst Ratings Dashboard | View RS Stock Page
Frequently Asked Questions
What does the Equal-Weight rating mean for RS?
A rating of Equal-Weight from Barclays reflects the analyst's outlook on Reliance Steel & Aluminum Co. (NYSE:RS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the RS forecast page.