In a report released today, Lee Power from UBS maintained a Buy rating on $BlueScope Steel Ltd (BSL.AU)$, with a price target of A$25.00. The company's shares closed last Friday at $15.00.

Power covers the Basic Materials sector, focusing on stocks such as James Hardie, Bluescope Steel Limited, and Brickworks Ltd. According to TipRanks, Power has an average return of 14.6% and a 64.21% success rate on recommended stocks.

In addition to UBS, Bluescope Steel Limited also received a Buy from Citi's Paul McTaggart in a report issued today. However, on August 6, J.P. Morgan downgraded Bluescope Steel Limited to a Hold.

BLSFF market cap is currently $6.02B and has a P/E ratio of 11.02.

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Bluescope Steel Limited Company Description:

BlueScope Steel Ltd. engages in the manufacture of steel products. It operates through the following segments: Australian Steel Products, North Star BlueScope Steel, Buildings North America, Building Products Asia and North America, and New Zealand and Pacific Steel. The Australian Steel Products segment produces and markets coated and painted flat steel products. The North Star BlueScope Steel segment is a single site electric arc furnace producer of hot rolled coil. The Buildings North America segment includes engineered building solutions and servicing the low-rise non-residential construction needs of customers. The Building Products Asia and North America segment offers metal coated and painted steel building products. The New Zealand and Pacific Steel segment consists of New Zealand Steel, Pacific Steel, and BlueScope Pacific Islands business areas. The company was founded in 2002 and is headquartered in Melbourne, Australia.