Analysts take a look at MRC Global Inc. (NYSE:MRC) having this to say.

Investors sentiment increased to 0.85 in Q2 2019. Its up 0.02, from 0.83 in 2019Q1. It is positive, as 11 investors sold MRC Global Inc. shares while 51 reduced holdings. 22 funds opened positions while 31 raised stakes. 78.21 million shares or 4.37% less from 81.78 million shares in 2019Q1 were reported.
Metropolitan Life Insur Ny accumulated 27,769 shares. Miller Howard Invests Inc has 0.07% invested in MRC Global Inc. (NYSE:MRC) for 147,682 shares. Victory Capital Management invested 0% of its portfolio in MRC Global Inc. (NYSE:MRC). Mirae Asset Invs Company reported 0% in MRC Global Inc. (NYSE:MRC). The Switzerland-based Swiss National Bank has invested 0% in MRC Global Inc. (NYSE:MRC). Premier Asset Management Ltd Liability Corp has 0.06% invested in MRC Global Inc. (NYSE:MRC). First Midwest Bankshares Trust Division invested in 33,882 shares or 0.08% of the stock. Northern Tru holds 0% or 1.11M shares in its portfolio. Quantbot Techs Limited Partnership has 1,837 shares. Savings Bank Of New York Mellon stated it has 453,458 shares or 0% of all its holdings. Fil Limited owns 34,363 shares. 20,235 are held by Raymond James & Assocs. Credit Suisse Ag holds 116,951 shares or 0% of its portfolio. Homrich And Berg owns 20,084 shares. Sun Life Fincl reported 31,306 shares.

MRC Global Inc. (NYSE:MRC) Ratings Coverage

Among 4 analysts covering MRC Global (NYSE:MRC), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. MRC Global has $20 highest and $1100 lowest target. $17.75’s average target is 33.76% above currents $13.27 stock price. MRC Global had 8 analyst reports since April 16, 2019 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, April 16 by Stifel Nicolaus. The stock of MRC Global Inc. (NYSE:MRC) earned “Sector Perform” rating by Scotia Capital on Friday, September 6. The company was maintained on Monday, August 5 by Raymond James. Below is a list of MRC Global Inc. (NYSE:MRC) latest ratings and price target changes.

12/09/2019 Broker: Cowen & Co Old Rating: Outperform New Rating: Market Perform Downgrade
06/09/2019 Broker: Scotia Capital Old Rating: Sector Outperform New Rating: Sector Perform Old Target: $17.0000 New Target: $11.0000 Downgrade
05/08/2019 Broker: Raymond James Rating: Outperform Old Target: $21.0000 New Target: $20.0000 Maintain
22/05/2019 Broker: BidaskScore Rating: Sell Downgrade
26/04/2019 Broker: BidaskScore Rating: Hold Downgrade
25/04/2019 Broker: Jefferies Rating: Hold New Target: $20.0000 Initiates Coverage On
17/04/2019 Broker: BidaskScore Rating: Buy Upgrade
16/04/2019 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Hold New Target: $20 Downgrade

The stock increased 0.19% or $0.02 during the last trading session, reaching $13.27. About 603,218 shares traded. MRC Global Inc. (NYSE:MRC) has declined 29.77% since September 13, 2018 and is downtrending. It has underperformed by 29.77% 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 $1.16 billion. The firm supplies products across various markets, such as upstream, midstream, and downstream. It has a 22.65 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.

More notable recent MRC Global Inc. (NYSE:MRC) news were published by: Seekingalpha.com which released: “MRC Global Q4 2018 Earnings Preview – Seeking Alpha” on February 13, 2019, also Finance.Yahoo.com with their article: “What Does MRC Global Inc.’s (NYSE:MRC) Share Price Indicate? – Yahoo Finance” published on August 01, 2019, Benzinga.com published: “Mid-Morning Market Update: Markets Open Higher; Genesco Earnings Beat Estimates – Benzinga” on September 06, 2019. More interesting news about MRC Global Inc. (NYSE:MRC) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For September 6, 2019 – Benzinga” published on September 06, 2019 as well as Fool.com‘s news article titled: “Shares of MRC Global Slump on Lower Guidance – The Motley Fool” with publication date: September 06, 2019.

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

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