Were Analysts Bullish Real Industry, Inc. (NASDAQ:RELY) This Week?

January 14, 2018 - By Michael Collier

 Were Analysts Bullish Real Industry, Inc. (NASDAQ:RELY) This Week?

Real Industry, Inc. (NASDAQ:RELY) Ratings Coverage

Among 3 analysts covering Signature Group Holdings (NASDAQ:RELY), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Signature Group Holdings had 4 analyst reports since August 12, 2015 according to SRatingsIntel. B. Riley & Co maintained Real Industry, Inc. (NASDAQ:RELY) on Tuesday, October 24 with “Buy” rating. The stock of Real Industry, Inc. (NASDAQ:RELY) has “Hold” rating given on Wednesday, August 12 by Zacks. Below is a list of Real Industry, Inc. (NASDAQ:RELY) latest ratings and price target changes.

09/11/2017 Broker: FBR Capital Rating: Buy New Target: $5.0
24/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $5.0 Maintain

The stock decreased 14.63% or $0.0744 during the last trading session, reaching $0.4341. About 1.45 million shares traded. Real Industry, Inc. (NASDAQ:RELY) has declined 55.90% since January 14, 2017 and is downtrending. It has underperformed by 72.60% the S&P500.

Real Industry, Inc., through its subsidiaries, engages in aluminum melting, processing, recycling, and alloying activities in the United States and internationally. The company has market cap of $12.93 million. The firm operates in two divisions, Real Alloy North America and Real Alloy Europe. It currently has negative earnings. It processes scrap aluminum and by-products; and makes wrought, cast, and specification or foundry alloys.

More news for Real Industry, Inc. (NASDAQ:RELY) were recently published by: Wsj.com, which released: “Goldman Sachs to Invest in Bankrupt Real Industry Inc.” on January 09, 2018. Bloomberg.com‘s article titled: “Goldman Commits $250 Million in Client Money to Real Estate Startup Cadre” and published on January 10, 2018 is yet another important article.

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