Gerdau S.A. – Consensus Indicates Potential 85.8% Upside
Gerdau S.A. found using ticker (GGB) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 8.9 and 8.09 calculating the average target price we see 8.53. Given that the stocks previous close was at 4.59 this would imply there is a potential upside of 85.8%. There is a 50 day moving average of 4.93 and the 200 moving average now moves to 5.18. The market capitalisation for the company is $7,941m. 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 $14,758m 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 85.8% Upside
Gerdau S.A. found using ticker (GGB) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 8.9 and 8.09 calculating the average target price we see 8.53. Given that the stocks previous close was at 4.59 this would imply there is a potential upside of 85.8%. There is a 50 day moving average of 4.93 and the 200 moving average now moves to 5.18. The market capitalisation for the company is $7,941m. 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 $14,758m 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.