Rating Change
Wells Fargo analysts reiterated a Equal-Weight rating on Reliance Steel & Aluminum Co. (NYSE:RS) on July 23, 2026.
reiterateNYSE:RS
Wells Fargo Reiterates Equal-Weight Rating on Reliance Steel & Aluminum Co. (RS)
Rating Change Wells Fargo analysts reiterated a Equal-Weight rating on Reliance Steel & Aluminum Co. (NYSE:RS) on July 23, 2026. Market Context Reliance Steel & Aluminum Co.
Market Context
Reliance Steel & Aluminum Co. operates in the Basic Materials sector. The stock currently trades at $393.08 with a market capitalization of $15.2B. The stock has gained 12.7% over the past 52 weeks.
Analyst coverage from Wells Fargo 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: 3 Buy, 7 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 23, 2026 | Wells Fargo | Equal-Weight | N/A |
| Jul 15, 2026 | JP Morgan | Neutral | N/A |
| Jul 09, 2026 | Wells Fargo | Equal-Weight | N/A |
| Jun 24, 2026 | Keybanc | Overweight | N/A |
| Jun 10, 2026 | JP Morgan | Neutral | N/A |
Related Tools: Analyst Ratings Dashboard | View RS Stock Page
Frequently Asked Questions
What does a Equal-Weight rating mean for RS?
A Equal-Weight rating from Wells Fargo 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.