Commercial Metals Company (CMC) Social Stream
COMMERCIAL METALS CO (CMC) Price Targets From Analysts
Use the tables below to see what analysts covering COMMERCIAL METALS CO think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-13 | 4 | $42 | $21 | $33 | $44.05 | -25.09% |
| 2021-11-17 | 3 | $42 | $36 | $39.666 | $44.05 | -9.95% |
| 2022-01-03 | 3 | $42 | $36 | $39.666 | $44.05 | -9.95% |
| 2022-01-19 | 3 | $42 | $36 | $39.666 | $44.05 | -9.95% |
| 2022-03-08 | 4 | $45 | $36 | $41.2 | $44.05 | -6.47% |
| 2022-03-15 | 4 | $47 | $36 | $42.2 | $44.05 | -4.2% |
| 2022-03-22 | 4 | $47 | $36 | $42.8 | $44.05 | -2.84% |
| 2022-04-01 | 4 | $55 | $36 | $44.4 | $44.05 | 0.79% |
| 2022-04-03 | 4 | $55 | $36 | $44.8 | $44.05 | 1.7% |
| 2022-04-19 | 4 | $55 | $36 | $45.4 | $44.05 | 3.06% |
| 2022-05-19 | 4 | $55 | $36 | $45 | $44.05 | 2.16% |
| 2022-06-07 | 4 | $55 | $36 | $45.2 | $44.05 | 2.61% |
| 2022-06-14 | 3 | $54 | $41 | $47.25 | $44.05 | 7.26% |
| 2022-06-16 | 4 | $54 | $41 | $47.25 | $44.05 | 7.26% |
| 2022-06-17 | 4 | $54 | $36 | $45 | $44.05 | 2.16% |
| 2022-07-19 | 4 | $54 | $36 | $44.2 | $44.05 | 0.34% |
| 2022-09-20 | 4 | $45 | $36 | $42.4 | $44.05 | -3.75% |
| 2022-10-06 | 6 | $45 | $36 | $41.5 | $44.05 | -5.79% |
| 2022-10-14 | 6 | $46 | $37 | $42.666 | $44.05 | -3.14% |
| 2022-10-17 | 6 | $46.001 | $37 | $42.666 | $44.05 | -3.14% |
| 2022-11-22 | 6 | $50 | $37 | $43.8 | $44.05 | -0.57% |
| 2023-01-10 | 6 | $56 | $37 | $47.833 | $44.05 | 8.59% |
| 2023-01-13 | 6 | $57 | $44 | $51.666 | $44.05 | 17.29% |
| 2023-01-30 | 5 | $57 | $44 | $53 | $44.05 | 20.32% |
| 2023-02-15 | 5 | $57 | $53 | $55.4 | $44.05 | 25.77% |
| 2023-03-23 | 5 | $56 | $53 | $55.25 | $44.05 | 25.43% |
| 2023-06-26 | 5 | $60 | $53 | $56.25 | $44.05 | 27.7% |
| 2023-07-06 | 6 | $60 | $53 | $56.75 | $44.05 | 28.83% |
| 2023-09-13 | 6 | $63 | $53 | $58 | $44.05 | 31.67% |
| 2023-10-12 | 5 | $63 | $56 | $59.25 | $44.05 | 34.51% |
| 2023-10-13 | 5 | $63 | $50 | $57.25 | $44.05 | 29.97% |
| 2023-11-20 | 5 | $63 | $48 | $54 | $44.05 | 22.59% |
The Trend in the Analyst Price Target
Over the past 22 months, CMC's average price target has gone up $14.33.
Over the past 46 weeks, CMC's average upside potential has been 7.06%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-10 | 6 | 56 | 37 | 47.833 | 53.27 | -10.21% |
| 2023-01-13 | 6 | 57 | 44 | 51.666 | 56.06 | -7.84% |
| 2023-01-13 | 5 | 57 | 44 | 53.000 | 56.06 | -5.46% |
| 2023-06-26 | 5 | 60 | 53 | 56.750 | 50.97 | 11.34% |
| 2023-07-11 | 6 | 63 | 53 | 58.000 | 54.41 | 6.6% |
CMC Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.2 | 2 | 0 | 3 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 43 weeks, CMC's average broker recommendation rating improved by 0.13.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, COMMERCIAL METALS CO's number of analysts covering the stock is greater than 770.45% of them.
- In the context of Basic Materials stocks, COMMERCIAL METALS CO's variance in analysts' estimates is lower than -948.31% of them.
- In the context of stocks in the mid market cap category, COMMERCIAL METALS CO's upside potential (average analyst target price relative to current price) is greater than 956.66% of them.
- CMC has a greater average analyst price target than 2407.45% of stocks in the mid market cap category.
Stocks similar to COMMERCIAL METALS CO in the Steel Works Etc industry regarding analyst recommendations and price targets are CRS, ROCK, and WOR.
View All Top Stocks by Price Target
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