Gerdau (GGB)
(Delayed Data from NYSE)
$3.79 USD
-0.04 (-1.04%)
Updated May 7, 2024 04:00 PM ET
After-Market: $3.78 -0.01 (-0.26%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth D Momentum B VGM
Gerdau (GGB) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$5.20 | $5.40 | $5.00 | 35.77% |
Price Target
Based on short-term price targets offered by two analysts, the average price target for Gerdau comes to $5.20. The forecasts range from a low of $5.00 to a high of $5.40. The average price target represents an increase of 35.77% from the last closing price of $3.83.
Analyst Price Targets (2 )
Broker Rating
Gerdau currently has an average brokerage recommendation (ABR) of 2.33 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by three brokerage firms. The current ABR compares to an ABR of 3.00 a month ago based on three recommendations.
Of the three recommendations deriving the current ABR, one is Strong Buy, representing 33.33% of all recommendations. There was no Strong Buy or Buy recommendation a month ago.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 0 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 3 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.33 | 2.33 | 3.00 | 2.33 | 2.33 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
2/1/2024 | Scotiabank | Alfonso Salazar | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.33 |
ABR (Last week) | 2.33 |
# of Recs in ABR | 3 |
Average Target Price | $5.20 |
LT Growth Rate | NA |
Industry | Steel - Producers |
Industry Rank by ABR | 172 of 252 |
Current Quarter EPS Est: | 0.13 |