Zacks Rating on United States Steel Corporation (X)

United States Steel Corporation (X) : 1 brokerage houses believe that United States Steel Corporation (X) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on United States Steel Corporation (X). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 4 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Sell with a rating of 3.58.

United States Steel Corporation (X) : The most positive equity analysts on United States Steel Corporation (X) expects the shares to touch $25, whereas, the least positive believes that the stock will trade at $12 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $18.68 with an expected fluctuation of $3.87 from the mean.


United States Steel Corp. has lost 4.16% in the last five trading days and dropped 2.63% in the last 4 weeks. United States Steel Corp. is up 53.13% in the last 3-month period. Year-to-Date the stock performance stands at 162.39%. United States Steel Corporation (NYSE:X): On Tuesdays trading session , Opening price of the stock was $21.19 with an intraday high of $21.38. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.67. However, the stock managed to close at $20.71, a loss of 1.15% for the day. On the previous day, the stock had closed at $20.95. The total traded volume of the day was 12,788,238 shares.

United States Steel Corporation (U. S. Steel) is a 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). The results of the Companys railroad and real estate businesses are combined under the Other Businesses category. The Flat-rolled Products segment includes the operating results of all facilities within U. S. Steels integrated steel plants in the United States, except the Fairfield pipe facility. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), the Companys steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steels tubular production facilities, primarily in the United States, and equity investees in the United States and Brazil.

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