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Enter Symbol:
 
Steelcase Inc. (SCS) [hlAlert]

Rating:
Mkt Perform
SCS
down 8.04 %

Steelcase Inc. (SCS) downgraded to Mkt Perform by Raymond James

Posted on: Wednesday,  Dec 23, 2015  10:25 AM ET by Raymond James

Raymond James rated Mkt Perform Steelcase Inc. (NYSE: SCS) on 12/23/2015. Previously Raymond James rated Outperform Steelcase Inc. (NYSE: SCS) on
03/15/2013., when the stock price was $15.41. Since then, Steelcase Inc. has lost 8.05% as of 12/23/2015's recent price of $14.17.
If you would have followed the previous Raymond James's recommendation on SCS, you would have lost 8.04% of your investment in 1013 days.

Steelcase Inc. is a designer and manufacturer of products used to create high-performance work environments. Its product portfolio includes furniture systems, seating, storage, desks, casegoods, interior architectural products, technology products and related products and services. The company reports two geographic furniture segments: North America and International.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2015 10:25 AM Hold
None
14.17
as of 8/27/2015
1 Week down  -0.62 %
1 Month down  -9.43 %
3 Months down  -3.97 %
1 YTD up  9.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2013 8:25 AM Buy
None
15.41

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