Seeing Is Believing
Steel - Industry
GGB is currently covered by 2 analysts with an average price target of $2.92. This is a potential upside of $0.11 (3.91%) from yesterday's end of day stock price of $2.81.
Gerdau SA ADR's activity chart (see below) currently has 8 price targets and 7 ratings on display. The stock rating distribution of GGB is 33.33% HOLD and 66.67% BUY.
Analysts average stock forecasts to be materialized ratio is 17.5% with an average time for these price targets to be met of 234 days.
Highest price target for GGB is $6, Lowest price target is $6, average price target is $2.
Most recent stock forecast was given by CAIO RIBEIRO from BAML on 24-May-2024. First documented stock forecast 22-Jun-2020.
6/20/08 2 for 1
4/21/06 3 for 2
4/19/05 3 for 2
5/7/04 2 for 1
5/13/03 130 for 100
5/9/00 2 for 1
Currently out of the existing stock ratings of GGB, 1 are a HOLD (33.33%), 2 are a BUY (66.67%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$5.1
9 months 17 days ago
(24-May-2024)
1/2 (50%)
$1.3 (34.21%)
7
Buy
$6
$3.05 (103.39%)
$5.71
10 months 26 days ago
(15-Apr-2024)
1/5 (20%)
$2.41 (67.13%)
929
Buy
1 years 10 months 22 days ago
(19-Apr-2023)
0/1 (0%)
$-1.66 (-49.85%)
Hold
$2.07
$-2.65 (-56.14%)
3 years 4 months 1 days ago
(12-Nov-2021)
0/1 (0%)
$-1.63 (-44.05%)
What is GGB (Gerdau SA ADR) average time for price targets to be met?
Which analyst has the current highest performing score on GGB (Gerdau SA ADR) with a proven track record?
Which analyst has the current lower performing score on GGB (Gerdau SA ADR) with a proven track record?
Which analyst has the most public recommendations on GGB (Gerdau SA ADR)?
Which analyst is the currently most bullish on GGB (Gerdau SA ADR)?
Which analyst is the currently most reserved on GGB (Gerdau SA ADR)?