Commercial Metals Company – Consensus Indicates Potential 32.5% Upside
Commercial Metals Company with ticker code (CMC) now have 7 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 53 and 36 calculating the average target price we see 43.86. Now with the previous closing price of 33.1 this indicates there is a potential upside of 32.5%. The 50 day moving average now sits at 38.37 and the 200 day moving average is 36.31. The company has a market capitalisation of $4,074m. Company Website: https:||www.cmc.com [stock_market_widget type="chart" template="basic" color="green" assets="CMC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,398m based on the market concensus. Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.
Commercial Metals Company – Consensus Indicates Potential 32.5% Upside
Commercial Metals Company with ticker code (CMC) now have 7 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 53 and 36 calculating the average target price we see 43.86. Now with the previous closing price of 33.1 this indicates there is a potential upside of 32.5%. The 50 day moving average now sits at 38.37 and the 200 day moving average is 36.31. The company has a market capitalisation of $4,074m. Company Website: https:||www.cmc.com [stock_market_widget type="chart" template="basic" color="green" assets="CMC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,398m based on the market concensus. Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.