Analysts are on the Bearish side about MRC Global Inc. (NYSE:MRC) this week.

September 8, 2018 - By Robert Shackelford

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.23, from 1.01 in 2017Q4. It is negative, as 16 investors sold MRC Global Inc. shares while 56 reduced holdings. 14 funds opened positions while 42 raised stakes. 87.06 million shares or 0.02% more from 87.05 million shares in 2017Q4 were reported.
Moody State Bank Tru Division reported 14,265 shares or 0.01% of all its holdings. Impax Asset Ltd Liability Corp has 1.46 million shares. Citigroup holds 12,087 shares. Moreover, Cubist Systematic Strategies Llc has 0.05% invested in MRC Global Inc. (NYSE:MRC) for 54,413 shares. Manufacturers Life Insur The holds 66,878 shares. American International Gp reported 57,147 shares. Parametric Portfolio Assocs Ltd Co stated it has 139,819 shares. Tiaa Cref Investment Mgmt Ltd Liability Corp holds 0% or 401,412 shares. Balyasny Asset Mgmt Limited Liability Co invested in 1.09M shares. Moreover, Westpac has 0% invested in MRC Global Inc. (NYSE:MRC) for 344,700 shares. Voya Invest Mngmt Ltd Llc holds 0% in MRC Global Inc. (NYSE:MRC) or 39,017 shares. Amer National Registered Inv Advisor Inc owns 14,590 shares or 0.12% of their US portfolio. Us Bank De owns 898 shares. Numerixs Invest owns 2,700 shares for 0.01% of their portfolio. Bluecrest Capital Mngmt has invested 0.02% in MRC Global Inc. (NYSE:MRC).

Since March 6, 2018, it had 0 insider buys, and 5 sales for $19.63 million activity. On Wednesday, May 16 Lane Andrew R sold $4.65 million worth of MRC Global Inc. (NYSE:MRC) or 226,864 shares. Bond Elton Ray also sold $135,233 worth of MRC Global Inc. (NYSE:MRC) shares.

MRC Global Inc. (NYSE:MRC) Ratings Coverage

Among 3 analysts covering MRC Global (NYSE:MRC), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MRC Global has $26 highest and $20 lowest target. $24’s average target is 27.52% above currents $18.82 stock price. MRC Global had 5 analyst reports since April 13, 2018 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, May 4 report. Stifel Nicolaus maintained MRC Global Inc. (NYSE:MRC) on Friday, August 3 with “Buy” rating. The rating was maintained by Susquehanna on Friday, April 13 with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Monday, April 16. Below is a list of MRC Global Inc. (NYSE:MRC) latest ratings and price target changes.

03/08/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $21 New Target: $24 Maintain
31/07/2018 Broker: Northcoast Rating: Buy New Target: $26 Initiates Coverage On
04/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $20 New Target: $21 Maintain
16/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $22 New Target: $20 Maintain
13/04/2018 Broker: Susquehanna Rating: Buy New Target: $22.0000 Maintain

The stock decreased 0.74% or $0.14 during the last trading session, reaching $18.82. About 608,110 shares traded. MRC Global Inc. (NYSE:MRC) has risen 3.19% since September 8, 2017 and is uptrending. It has underperformed by 9.38% the S&P500.

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related services and products to the energy industry in the United States, Canada, and internationally. The company has market cap of $1.70 billion. The firm supplies products across various markets, such as upstream, midstream, and downstream. It has a 32.96 P/E ratio. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation products, and top work components, as well as measurement, steam, and instrumentation products.

MRC Global Inc. (NYSE:MRC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.