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Enter Symbol:
United States Steel Corporation (X) [hlAlert]

up 57.01 %

United States Steel Corporation (X) rated Underperform by Wells Fargo

Posted on: Friday,  Nov 22, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform United States Steel Corporation (NYSE: X) on 11/22/2013, when the stock price was $26.52.
Since then, United States Steel Corporation has lost 36.31% as of 11/24/2015's recent price of $16.89.
If you would have followed this Wells Fargo's recommendation on X, you would have gained 57.01% of your investment in 732 days.

United States Steel Corporation (U. S. Steel) is an integrated steel producer with production operations in North America and Europe. The Company has annual raw steel production capability of 31.7 million net tons (tons) (24.3 million tons in North America and 7.4 million tons in Europe). U. S. Steel is also engaged in other business activities including the production of coke in both North America and Europe and iron ore pellets in North America, and transportation services (railroad and barge operations), real estate operations, and engineering and consulting services in North America. U. S. Steel has three reportable operating segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). On January 31, 2009, the Company completed the sale of a majority of the operating assets of Elgin, Joliet and Eastern Railway Company (EJ&E) to a subsidiary of Canadian National Railway Company.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/22/2013 8:25 AM Sell
as of 12/13/2013
1 Week down  -3.72 %
1 Month down  -2.97 %
3 Months   
1 YTD down  -2.97 %

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