NEW YORK (TheStreet) -- Deutsche Bank initiated coverage of Ryerson Holding Corp. with a "buy" rating and a price target of $15. The Chicago-based processor and distributor of metals with global operations in North America, China and Brazil has an extensive breadth of products and a "lean operating structure," analysts said. "Ryerson is one of the largest processors and distributors of metals in North America, with a broad geographic reach, extensive breadth of products and services and a lean operating structure," analysts said, adding "Over the past few years, the company has undergone a difficult transformation process that positions itself to leverage on the anticipated recovery in the broader industrial market in the U.S." Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Shares of Ryerson closed up 0.51% at $11.87 yesterday. RYI data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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