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MRC

MRC Global

$18.44

-0.28 (-1.50%)

08:39
04/25/19
04/25
08:39
04/25/19
08:39

MRC Global initiated with a Hold at Jefferies

Jefferies analyst Stephen Volkmann started MRC Global with a Hold rating and $20 price target. The analyst prefers to wait for a better entry point following the stock's recent run. He awaits a pullback in oil prices and/or a "company specific disconnect" to get more constructive.

  • 30

    Apr

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    Nov

MRC MRC Global
$18.44

-0.28 (-1.50%)

07/31/18
NRCS
07/31/18
INITIATION
Target $26
NRCS
Buy
MRC Global initiated with a Buy at Northcoast
Northcoast analyst Ryan Cieslak initiated MRC Global with a Buy and $26 price target.
04/16/19
STFL
04/16/19
DOWNGRADE
Target $20
STFL
Hold
MRC Global downgraded to Hold from Buy at Stifel
Stifel analyst Nathan Jones downgraded MRC Global to Hold from Buy with an unchanged price target of $20. The analyst views the stock as appropriately priced at current levels. In the short term, Jones expects the shares will trade with oil prices, and he sees demand and supply potential headwinds for oil prices. Further, he expects the recently improved China industrial and manufacturing data to fade after April numbers are released.

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