BMO Capital Markets reaffirmed their outperform rating on shares of Stelco (TSE:STLC) in a research report sent to investors on Tuesday morning. BMO Capital Markets currently has a C$23.00 price objective on the stock.

Shares of Stelco (TSE STLC) opened at C$19.30 on Tuesday. Stelco has a 52 week low of C$17.72 and a 52 week high of C$19.85.

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About Stelco

Stelco Holdings Inc is Canada-based company and owner of one of the technologically advanced integrated steelmaking facilities in North America. The Company produce flat-rolled value-added steels, including coated, cold-rolled and hot-rolled steel products as well as metallurgical coke. With gauge, crown, and shape control, as well as reliable uniformity of mechanical properties, The Company’s steel products are supplied to customers in the construction, automotive and energy industries across Canada and the United States, as well as to a variety of steel service centers, which are regional distributors of steel products.

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