Discussion stirs around Real Industry, Inc. (NASDAQ:RELY) this week; here is what analysts are saying.

March 3, 2018 - By Marie Mckinney

 Discussion stirs around Real Industry, Inc. (NASDAQ:RELY) this week; here is what analysts are saying.

Real Industry, Inc. (NASDAQ:RELY) Ratings Coverage

Among 3 analysts covering Signature Group Holdings (NASDAQ:RELY), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Signature Group Holdings had 4 analyst reports since August 12, 2015 according to SRatingsIntel. Zacks upgraded it to “Hold” rating and $13 target in Wednesday, August 12 report. B. Riley & Co maintained Real Industry, Inc. (NASDAQ:RELY) on Tuesday, October 24 with “Buy” rating. Below is a list of Real Industry, Inc. (NASDAQ:RELY) latest ratings and price target changes.

09/11/2017 Broker: FBR Capital Rating: Buy New Target: $5.0
24/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $5.0 Maintain

The stock decreased 14.63% or $0.0744 during the last trading session, reaching $0.4341. About 1.45 million shares traded or Infinity% up from the average. Real Industry, Inc. (NASDAQ:RELY) has declined 55.90% since March 3, 2017 and is downtrending. It has underperformed by 72.60% the S&P500.

Real Industry, Inc., through its subsidiaries, engages in aluminum melting, processing, recycling, and alloying activities in the United States and internationally. The company has market cap of $. The firm operates in two divisions, Real Alloy North America and Real Alloy Europe. It currently has negative earnings. It processes scrap aluminum and by-products; and makes wrought, cast, and specification or foundry alloys.

More notable recent Real Industry, Inc. (NASDAQ:RELY) news were published by: Forbes.com which released: “How Are Fintech And Proptech Changing The Real Estate Industry In 2018?” on February 28, 2018, also Businesswire.com with their article: “Real Industry and Real Alloy’s US Operations Initiate Chapter 11 Proceedings” published on November 17, 2017, Recyclingtoday.com published: “Real Alloy declares bankruptcy” on November 21, 2017. More interesting news about Real Industry, Inc. (NASDAQ:RELY) were released by: Bloomberg.com and their article: “Canada’s Pot Industry Is Hungry for Real Estate” published on February 16, 2018 as well as Wsj.com‘s news article titled: “Goldman Sachs to Invest in Bankrupt Real Industry Inc.” with publication date: January 09, 2018.

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