GGB - Gerdau SA ADR - Stock Forecast

Steel - Industry

Coverage Performance Price Targets & Ratings Chart Insider Trading

GGB is currently covered by 2 analysts with an average price target of $2.89. This is a potential upside of $-0.67 (-18.82%) from yesterday's end of day stock price of $3.56.

Gerdau SA ADR's activity chart (see below) currently has 6 price targets and 6 ratings on display. The stock rating distribution of GGB is 33.33% BUY and 66.67% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 5% with an average time for these price targets to be met of 41.5 days.

Highest price target for GGB is $6, Lowest price target is $6, average price target is $2.89.

Most recent stock forecast was given by RODOLFO ANGELE from JPMORGAN on 15-Apr-2024. First documented stock forecast 22-Jun-2020.

Split History since 2000:

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

Best performing analysts who are covering GGB - Gerdau SA ADR:

Alexander Hacking Jonathan Brandt Rodolfo Angele Caio Ribeiro

Currently out of the existing stock ratings of GGB, 1 are a BUY (33.33%), 2 are a HOLD (66.67%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

6

$2.44 (68.54%)

5.71

10 days ago

1/5 (20%)

$1.54 (34.53%)

166

Hold

2.86

5 months 5 days ago

0/1 (0%)

$-0.91 (-24.14%)

Buy

1 years 7 days ago

0/1 (0%)

$-1.66 (-49.85%)

Hold

2.07

$-2.65 (-56.14%)

2 years 5 months 14 days ago

0/1 (0%)

$-1.63 (-44.05%)

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What is GGB (Gerdau SA ADR) average time for price targets to be met?

On average it took 41.5 days on average for the stock forecasts to be realized with a an average price target met ratio 5

Which analyst has the current highest performing score on GGB (Gerdau SA ADR) with a proven track record?

ALEXANDER HACKING

Which analyst has the current lower performing score on GGB (Gerdau SA ADR) with a proven track record?

CAIO RIBEIRO

Which analyst has the most public recommendations on GGB (Gerdau SA ADR)?

Alexander Hacking works at CITI and has 16 price targets and 11 ratings on GGB

Which analyst is the currently most bullish on GGB (Gerdau SA ADR)?

Rodolfo Angele with highest potential upside - $2.44

Which analyst is the currently most reserved on GGB (Gerdau SA ADR)?

Alexander Hacking with lowest potential downside - -$2.65

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