Gerdau S.A. – Consensus Indicates Potential 56.5% Upside
Gerdau S.A. found using ticker (GGB) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 8.06 and 6.65 calculating the mean target price we have 7.26. With the stocks previous close at 4.64 this now indicates there is a potential upside of 56.5%. The 50 day MA is 4.57 and the 200 day moving average is 5.19. The company has a market cap of $7,529m. You can visit the company''s website by visiting: https:||www2.gerdau.com [stock_market_widget type="chart" template="basic" color="green" assets="GGB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $11,780m based on the market concensus. Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smooth wire products; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps.
Gerdau S.A. – Consensus Indicates Potential 56.5% Upside
Gerdau S.A. found using ticker (GGB) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 8.06 and 6.65 calculating the mean target price we have 7.26. With the stocks previous close at 4.64 this now indicates there is a potential upside of 56.5%. The 50 day MA is 4.57 and the 200 day moving average is 5.19. The company has a market cap of $7,529m. You can visit the company''s website by visiting: https:||www2.gerdau.com [stock_market_widget type="chart" template="basic" color="green" assets="GGB" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $11,780m based on the market concensus. Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smooth wire products; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps.