MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related services and products to the energy industry in the United States, Canada, and internationally. The company has market cap of $1.58 billion. The firm supplies products across various markets, such as upstream, midstream, and downstream. It currently has negative earnings. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation products, and top work components, as well as measurement, steam, and instrumentation products.
The stock of Prosperity Bancshares, Inc. (NYSE:PB) hit a new 52-week high and has $80.69 target or 4.00% above today’s $77.59 share price. The 9 months bullish chart indicates low risk for the $5.39B company. The 1-year high was reported on Feb, 16 by Barchart.com. If the $80.69 price target is reached, the company will be worth $215.64 million more. The stock increased 0.81% or $0.625 during the last trading session, reaching $77.585. About 118,107 shares traded. Prosperity Bancshares, Inc. (NYSE:PB) has risen 27.06% since February 16, 2017 and is uptrending. It has outperformed by 10.36% the S&P500.
Ratings analysis reveals 67% of MRC Global’s analysts are positive. Out of 3 Wall Street analysts rating MRC Global, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $16.0 while the high is $25.0. The stock’s average target of $20.50 is 22.39% above today’s ($16.75) share price. MRC was included in 3 notes of analysts from September 16, 2016. Susquehanna initiated the stock with “Positive” rating in Tuesday, April 11 report. The stock of MRC Global Inc. (NYSE:MRC) has “Market Perform” rating given on Friday, September 16 by Cowen & Co. The firm has “Buy” rating by Seaport Global Securities given on Tuesday, February 21.
Since January 1, 0001, it had 0 buys, and 1 insider sale for $5.57 million activity.
Mcclain Value Management Llc holds 4.07% of its portfolio in MRC Global Inc. for 165,428 shares. Mesirow Financial Investment Management owns 1.15 million shares or 1.32% of their US portfolio. Moreover, Ardevora Asset Management Llp has 1.12% invested in the company for 2.13 million shares. The Pennsylvania-based Schneider Capital Management Corp has invested 1.07% in the stock. Pax World Management Llc, a New Hampshire-based fund reported 1.04 million shares.
The stock decreased 3.68% or $0.64 during the last trading session, reaching $16.75. About 643,858 shares traded. MRC Global Inc. (MRC) has risen 52.93% since February 16, 2017 and is uptrending. It has outperformed by 36.23% the S&P500.