Benzinga · Aug 24, 2026
Wells Fargo Maintains Equal-Weight on Reliance, Lowers Price Target to $391
Wells Fargo analyst Timna Tanners maintains Reliance (NYSE:RS) with a Equal-Weight and lowers the price target from $398 to $391.
RS
NYSE · RS
Reliance Steel & Aluminum Co.
Basic Materials · Steel
$400.51
Up+$2.27 (+0.57%)
Updated Sep 5, 2026, 4:09 PM
SID Score
7.4/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 15.22B
- P/E ratio
- 20.98
- Dividend yield
- 1.20%
- 52-week range
- $260.31 – $433.02
- Volume
- 334.91K
- Avg. volume
- 339.32K
Price performance
RS price history
1M range · 21 trading sessions · Daily adjusted prices
RS closed at $400.51 after 21 trading sessions, down 5.51% for the selected period.
- Last close
- $400.51
- Period change
- -5.51%
- Period low
- $380.31
- Period high
- $428.49
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 4, 2026 | $398.13 | $404.36 | $394.30 | $400.51 | 334.91K |
| Sep 3, 2026 | $401.15 | $405.13 | $397.22 | $398.24 | 331.21K |
| Sep 2, 2026 | $393.09 | $402.671 | $389.44 | $400.21 | 317.35K |
| Sep 1, 2026 | $382.67 | $391.685 | $380.10 | $390.11 | 356.38K |
| Aug 31, 2026 | $390.93 | $390.93 | $383.43 | $384.05 | 527.04K |
| Aug 28, 2026 | $392.44 | $401.00 | $385.28 | $387.59 | 226.64K |
| Aug 27, 2026 | $389.43 | $392.40 | $386.8825 | $391.69 | 246.92K |
| Aug 26, 2026 | $385.09 | $392.59 | $385.09 | $391.16 | 261.49K |
| Aug 25, 2026 | $384.00 | $385.52 | $380.25 | $383.66 | 221.79K |
| Aug 24, 2026 | $395.63 | $402.07 | $379.90 | $382.49 | 407.39K |
| Aug 21, 2026 | $385.00 | $391.18 | $382.90 | $387.89 | 683.27K |
| Aug 20, 2026 | $394.60 | $395.495 | $379.86 | $380.31 | 650.1K |
| Aug 19, 2026 | $426.00 | $426.40 | $389.00 | $399.31 | 619.57K |
| Aug 18, 2026 | $432.62 | $432.62 | $415.8101 | $421.40 | 187.64K |
| Aug 17, 2026 | $424.65 | $428.725 | $420.665 | $428.02 | 310.65K |
| Aug 14, 2026 | $423.66 | $427.60 | $421.395 | $426.54 | 223.39K |
| Aug 13, 2026 | $429.00 | $432.65 | $422.72 | $425.15 | 246.29K |
| Aug 12, 2026 | $423.68 | $427.83 | $421.88 | $427.11 | 191.29K |
| Aug 11, 2026 | $429.92 | $433.02 | $422.85 | $423.50 | 289.08K |
| Aug 10, 2026 | $424.00 | $431.045 | $423.87 | $428.49 | 316.4K |
| Aug 7, 2026 | $418.16 | $424.75 | $415.375 | $423.88 | 279.02K |
Latest RS news
The latest Smart Investors Daily articles mentioning RS.
Stock researchCompany · Overview
RS research
Overview
Company profile and research snapshot.
Company profile
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $320.33
- Implied upside
- —
- Analysts
- 18
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 24, 2026 | Wells Fargo | Equal-Weight | — |
| Jul 27, 2026 | BMO Capital | Market Perform | — |
| Jul 23, 2026 | Wells Fargo | Equal-Weight | — |
| Jul 15, 2026 | JP Morgan | Neutral | — |
| Jul 9, 2026 | Wells Fargo | Equal-Weight | — |
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Yahoo · Aug 22, 2026
Reliance (RS) Is Down 9.1% After Q2 Earnings Beat And Upgraded Demand Outlook Has The Bull Case Changed?
Earlier in August 2026, Reliance reported Q2 2026 results showing a very large increase in adjusted earnings per share, beating expectations on the back of higher shipments, firmer pricing, and contributions from a U.S. border wall project. Management’s expectation for generally healthy demand and mostly stable pricing across non-residential construction, aerospace, and semiconductor end markets highlights how broad-based operating conditions are supporting the business despite trade and...
Yahoo · Aug 21, 2026
Why Is Reliance (RS) Down 3.8% Since Last Earnings Report?
Reliance (RS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Yahoo · Aug 17, 2026
Rolls-Royce Stock Hits First New High In 14 Years. Firm Announces Engine Project.
Shares climbed to a record high for the first time in more than 12 years after the company announced a jet-engine project for a military plane program in India.
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