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Schnitzer Steel Industries, Inc. (SCHN) [hlAlert]

Rating:
Hold SCHN

Schnitzer Steel Industries, Inc. (SCHN) rated Hold with price target $36 by Auriga

Posted on: Friday,  May 18, 2012  11:25 AM ET by Auriga

Schnitzer Steel Industries, Inc. (NASDAQ:
SCHN) rated Hold with price target $36 by Auriga.

Schnitzer Steel Industries, Inc. collects, processes and recycles metals by operating one of the largest metals recycling businesses in the United States. They also manufacture finished steel products at their technologically advanced steel mini-mill.

Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent, Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company, Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/18/2012 11:25 AM Hold
None
28.78 36.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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