BLUESCOPE STL L/ADR (OTCMKTS:BLSFY) Research Coverage Started at Jefferies Financial Group

Stock analysts at Jefferies Financial Group initiated coverage on shares of BLUESCOPE STL L/ADR (OTCMKTS:BLSFY) in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage set a “buy” rating on the stock.

Separately, Goldman Sachs Group cut BLUESCOPE STL L/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 9th.

Shares of BLSFY stock opened at $49.32 on Thursday. The stock’s fifty day simple moving average is $45.55 and its 200 day simple moving average is $42.06. BLUESCOPE STL L/ADR has a one year low of $46.50 and a one year high of $49.32.


BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, Asia, North America, New Zealand, and internationally. It operates through five segments: Australian Steel Products, North Star BlueScope Steel, Building Products Asia and North America, Buildings North America, and New Zealand and Pacific Steel Products.

Further Reading: Dead Cat Bounce

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