Zacks Rating on MRC Global (MRC)

MRC Global (MRC) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

MRC Global (MRC) : The most positive equity analysts on MRC Global (MRC) expects the shares to touch $18, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $16 with an expected fluctuation of $1.87 from the mean.


Shares of MRC Global Inc. rose by 3.16% in the last five trading days and 19.36% for the last 4 weeks. MRC Global Inc. is up 13.28% in the last 3-month period. Year-to-Date the stock performance stands at 18.99%. MRC Global (NYSE:MRC): stock turned positive on Tuesday. Though the stock opened at $15.22, the bulls momentum made the stock top out at $15.445 level for the day. The stock recorded a low of $15.09 and closed the trading day at $15.35, in the green by 1.19%. The total traded volume for the day was 418,784. The stock had closed at $15.17 in the previous days trading.

MRC Global Inc. is a global industrial distributor of pipe, valves and fittings (PVF) and related products and services to the energy industry. The Company offers products that are used in the construction, maintenance, repair and overhaul of equipment used in extreme operating conditions, such as high pressure, high/low temperature and high corrosive and abrasive environments. Its product types include valves, automation and instrumentation, carbon steel fittings and flanges and stainless steel and alloy pipe and fittings, line pipe and oil country tubular goods, among others. The Company offers around 230,000 stock keeping units, including an array of PVF, oilfield supply, automation, instrumentation and other general and specialty industry supply products. The Company operates through its U.S., Canadian, and International segments. It has operations in over 400 service locations. It provides services, such as product testing, volume purchasing and warehousing, among others.

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