Nucor Corporation – Consensus Indicates Potential -5.5% Downside
Nucor Corporation with ticker code (NUE) now have 14 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 180 and 39 calculating the average target price we see 120.35. With the stocks previous close at 127.33 this would imply there is a potential downside of -5.5%. The day 50 moving average is 118.25 while the 200 day moving average is 122.46. The company has a market cap of $34,165m. Company Website: https:||www.nucor.com [stock_market_widget type="chart" template="basic" color="green" assets="NUE" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $32,292m based on the market concensus. Nucor Corporation manufactures and sells steel and steel products. The company''s Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products.
Nucor Corporation – Consensus Indicates Potential -5.5% Downside
Nucor Corporation with ticker code (NUE) now have 14 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 180 and 39 calculating the average target price we see 120.35. With the stocks previous close at 127.33 this would imply there is a potential downside of -5.5%. The day 50 moving average is 118.25 while the 200 day moving average is 122.46. The company has a market cap of $34,165m. Company Website: https:||www.nucor.com [stock_market_widget type="chart" template="basic" color="green" assets="NUE" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $32,292m based on the market concensus. Nucor Corporation manufactures and sells steel and steel products. The company''s Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products.