Gerdau S.A. – Consensus Indicates Potential 61.9% Upside
Gerdau S.A. found using ticker (GGB) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 8.9 and 7.08 with a mean TP of 8.03. Given that the stocks previous close was at 4.96 this is indicating there is a potential upside of 61.9%. There is a 50 day moving average of 4.69 and the 200 day MA is 5.18. The market cap for the company is $8,091m. Visit the company website 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 $13,100m 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 61.9% Upside
Gerdau S.A. found using ticker (GGB) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 8.9 and 7.08 with a mean TP of 8.03. Given that the stocks previous close was at 4.96 this is indicating there is a potential upside of 61.9%. There is a 50 day moving average of 4.69 and the 200 day MA is 5.18. The market cap for the company is $8,091m. Visit the company website 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 $13,100m 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.