Gerdau S.A. – Consensus Indicates Potential 62.8% Upside
Gerdau S.A. with ticker code (GGB) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 8.45 and 7.86 calculating the mean target price we have 8.22. Given that the stocks previous close was at 5.05 this would indicate that there is a potential upside of 62.8%. The 50 day moving average now sits at 5.83 and the 200 day moving average is 5.28. The market capitalisation for the company is $8,403m. Find out more information at: 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 $13,677m 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 62.8% Upside
Gerdau S.A. with ticker code (GGB) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 8.45 and 7.86 calculating the mean target price we have 8.22. Given that the stocks previous close was at 5.05 this would indicate that there is a potential upside of 62.8%. The 50 day moving average now sits at 5.83 and the 200 day moving average is 5.28. The market capitalisation for the company is $8,403m. Find out more information at: 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 $13,677m 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.