United States Steel Corp. (NYSE:X) was upgraded by investment analysts at Jefferies Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. The firm presently has a $26.00 price target on the stock, up from their prior price target of $17.50. Jefferies Group’s target price points to a potential upside of 5.43% from the stock’s previous close.

X has been the topic of several other reports. Credit Suisse Group AG set a $29.00 target price on United States Steel Corp. and gave the company a “buy” rating in a report on Wednesday, July 27th. Bank of America Corp. lowered United States Steel Corp. from a “neutral” rating to an “underperform” rating and set a $21.00 target price on the stock. in a report on Thursday, July 28th. Vetr lowered United States Steel Corp. from a “strong-buy” rating to a “buy” rating and set a $23.28 target price on the stock. in a report on Tuesday. Citigroup Inc. restated a “buy” rating and set a $21.00 target price on shares of United States Steel Corp. in a report on Friday, November 4th. Finally, Zacks Investment Research upgraded United States Steel Corp. from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Monday, August 29th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. United States Steel Corp. currently has a consensus rating of “Hold” and a consensus target price of $20.23.

Analyst Recommendations for United States Steel Corp. (NYSE:X)

United States Steel Corp. (NYSE:X) opened at 24.66 on Wednesday. United States Steel Corp. has a 12-month low of $6.15 and a 12-month high of $27.64. The company’s market cap is $4.25 billion. The firm’s 50-day moving average price is $19.02 and its 200-day moving average price is $18.85.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Friday, November 11th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Tuesday, November 8th. United States Steel Corp.’s payout ratio is currently -2.19%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a new stake in shares of United States Steel Corp. during the third quarter valued at approximately $103,000. Advisor Group Inc. acquired a new stake in shares of United States Steel Corp. during the second quarter valued at approximately $120,000. DekaBank Deutsche Girozentrale boosted its stake in shares of United States Steel Corp. by 61.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 8,337 shares of the company’s stock valued at $133,000 after buying an additional 3,160 shares during the last quarter. LS Investment Advisors LLC boosted its stake in shares of United States Steel Corp. by 71.9% in the second quarter. LS Investment Advisors LLC now owns 8,787 shares of the company’s stock valued at $148,000 after buying an additional 3,675 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in shares of United States Steel Corp. by 47.0% in the first quarter. Canada Pension Plan Investment Board now owns 9,700 shares of the company’s stock valued at $156,000 after buying an additional 3,100 shares during the last quarter. Hedge funds and other institutional investors own 61.10% of the company’s stock.

United States Steel Corp. Company Profile

United States Steel Corporation (U. S. Steel) is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).

5 Day Chart for NYSE:X

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