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Enter Symbol:
 
Olympic Steel, Inc. (ZEUS) [hlAlert]

Rating:
Hold ZEUS

Olympic Steel, Inc. (ZEUS) rated Hold with price target $18 by Jefferies & Co

Posted on: Friday,  Dec 19, 2008  8:25 AM ET by Jefferies & Co

Olympic Steel (ZEUS) rated
Hold with price target $18 by Jefferies & Co.

Olympic Steel, Inc. is a United States-based steel service center. The Company focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel products. It operates as an intermediary between steel producers and manufacturers that require processed steel for their operations. The Company provides services and functions that form an integral component of its customer?s supply chain management and inventory levels. The Company?s processing services include service center processes of cutting-to-length, slitting, and shearing, blanking, tempering, plate burning, precision machining, welding, fabrication and painting of steel parts. The Company operates with 17 processing and distribution facilities in Connecticut, Georgia, Illinois, Iowa, Michigan, Minnesota, North Carolina, Ohio, Pennsylvania and South Carolina.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2009 8:25 AM Hold
None
29.64 30.00
as of 12/24/2008
1 Week up  4.51 %
1 Month   
3 Months   
1 YTD up  4.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2009 8:25 AM Hold
None
24.91 22.00
12/19/2008 8:25 AM Hold
None
20.03 18.00

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