Commercial Metals Company (CMC) Social Stream



Commercial Metals Company (CMC): $54.42

1.75 (+3.32%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

Add CMC to Watchlist
Sign Up

Industry: Steel

Industry

A

Ranked

#19 of 30

in industry

COMMERCIAL METALS CO (CMC) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering CMC.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-13 4 $42 $21 $33 $50.77 -35%
2021-11-17 4 $42 $21 $35 $50.77 -31.06%
2022-01-03 3 $42 $36 $39.666 $50.77 -21.87%
2022-01-19 3 $42 $36 $39.666 $50.77 -21.87%
2022-03-08 4 $45 $36 $41.2 $50.77 -18.85%
2022-03-15 4 $47 $36 $42.2 $50.77 -16.88%
2022-03-22 4 $47 $36 $42.8 $50.77 -15.7%
2022-04-01 4 $55 $36 $44.4 $50.77 -12.55%
2022-04-03 4 $55 $36 $44.8 $50.77 -11.76%
2022-04-19 4 $55 $36 $45.4 $50.77 -10.58%
2022-05-19 4 $55 $36 $45 $50.77 -11.36%
2022-06-07 4 $55 $36 $45.2 $50.77 -10.97%
2022-06-14 3 $54 $41 $47.25 $50.77 -6.93%
2022-06-16 4 $54 $41 $47.25 $50.77 -6.93%
2022-06-17 4 $54 $36 $45 $50.77 -11.36%
2022-07-19 4 $54 $36 $44.2 $50.77 -12.94%
2022-09-20 4 $45 $36 $42.4 $50.77 -16.49%
2022-10-06 5 $45 $36 $41.5 $50.77 -18.26%
2022-10-14 6 $45 $37 $42.5 $50.77 -16.29%
2022-10-17 5 $46.001 $37 $42.666 $50.77 -15.96%
2022-11-22 5 $50 $37 $43.8 $50.77 -13.73%
2023-01-10 6 $56 $37 $47.833 $50.77 -5.78%
2023-01-13 6 $57 $44 $51.666 $50.77 1.76%
2023-01-30 5 $57 $44 $53 $50.77 4.39%
2023-02-15 5 $57 $53 $55.4 $50.77 9.12%
2023-03-23 5 $56 $53 $55.25 $50.77 8.82%
2023-06-26 5 $60 $53 $56.25 $50.77 10.79%
2023-07-06 6 $60 $53 $56.75 $50.77 11.78%
2023-09-13 6 $63 $53 $58 $50.77 14.24%
2023-10-12 5 $63 $56 $59.25 $50.77 16.7%
2023-10-13 5 $63 $50 $57.25 $50.77 12.76%
2023-12-13 5 $63 $48 $54 $50.77 6.36%

The Trend in the Analyst Price Target


Over the past 23 months, CMC's average price target has gone up $14.33.

Over the past 48 weeks, CMC's average upside potential has been 9.85%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-01-13 5 57 44 53.000 56.06 -5.46%
2023-01-13 5 57 44 51.666 56.06 -7.84%
2023-01-27 5 57 44 53.000 54.87 -3.41%
2023-03-23 5 56 53 55.250 45.91 20.34%
2023-06-26 5 60 53 56.750 50.97 11.34%

CMC Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.5 1 0 3 0 0 4

The Trend in the Broker Recommendations


Over the past 20 months, CMC's average broker recommendation rating worsened by 0.7.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CMC as an investment opportunity.

  • To contextualize these metrics, consider that out of all US stocks, COMMERCIAL METALS CO's number of analysts covering the stock is greater than 767.26% of them.
  • In terms of how COMMERCIAL METALS CO fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is higher than 803.28% of that group.
  • To contextualize these metrics, consider that out of Basic Materials stocks, COMMERCIAL METALS CO's variance in analysts' estimates is lower than -961.57% of them.
  • In terms of how COMMERCIAL METALS CO fares relative to stocks in the mid market cap category, note that its average analyst price target is higher than 2475.71% of that group.

In terms of price targets and recommendations offered by analysts, the stocks in the Steel Works Etc industry with the ratings most similar to COMMERCIAL METALS CO are CRS, ROCK, and WOR.

Is CMC a Buy, Hold or Sell? See the POWR Ratings now!


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!