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RBC Capital Maintains Sector Perform on Algoma Steel Group, Raises Price Target to C$7

Sep 28, 2026, 12:55 PMBenzinga Newsdesk

RBC Capital analyst James McGarragle maintains Algoma Steel Group (TSX:ASTL) with a Sector Perform and raises the price target from C$6 to C$7.

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Source: benzinga
Observed: Sep 28, 2026, 12:55 PM
Checked: Sep 28, 2026, 12:55 PM
Cadence: Captured once, then retained as an archive reference
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BenzingaOct 1, 2026, 9:32 PMBenzinga News-desk
Algoma Steel Group Says Total Steel Shipments For The Quarter Are Expected To Be ~145,000 Tons And Adjusted EBITDA Is Expected To Be In The Range Of Negative CAD$10M To Negative CAD$20M
Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of steel plate and hot rolled sheet products, today provided guidance for its quarter ended
ASTL TSX:ASTL
BenzingaSep 2, 2026, 1:06 PMBenzinga Newsdesk
RBC Capital Reiterates Sector Perform on Algoma Steel Group, Maintains C$6 Price Target
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BenzingaJul 29, 2026, 9:35 PMBenzinga Newsdesk
Algoma Steel Group Q2 EPS $(0.88) Misses $(0.81) Estimate, Sales $267.500M Miss $316.700M Estimate
TSX:ASTL