Gerdau S.A. (GGB) Social Stream
GERDAU SA (GGB) Price Targets From Analysts
Use the tables below to see what analysts covering GERDAU SA 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 |
|---|---|---|---|---|---|---|
| 2021-10-25 | 2 | $8 | $8 | $8 | $4.37 | 83.07% |
| 2022-01-13 | 2 | $8 | $6.8 | $7.4 | $4.37 | 69.34% |
| 2022-03-16 | 2 | $8.4 | $8 | $8.2 | $4.37 | 87.64% |
| 2022-04-18 | 2 | $9.6 | $8 | $8.8 | $4.37 | 101.37% |
| 2022-04-20 | 2 | $9.6 | $8.5 | $9.05 | $4.37 | 107.09% |
| 2022-05-11 | 2 | $8.6 | $8.5 | $8.55 | $4.37 | 95.65% |
| 2022-07-14 | 2 | $8.8 | $8.5 | $8.65 | $4.37 | 97.94% |
| 2022-07-26 | 2 | $8.8 | $7.5 | $8.15 | $4.37 | 86.5% |
| 2022-08-22 | 2 | $8.8 | $7 | $7.9 | $4.37 | 80.78% |
| 2022-09-20 | 2 | $7 | $6.6 | $6.8 | $4.37 | 55.61% |
| 2022-10-26 | 2 | $7 | $6.5 | $6.75 | $4.37 | 54.46% |
| 2023-01-19 | 2 | $7.3 | $7 | $7.15 | $4.37 | 63.62% |
| 2023-02-01 | 2 | $7.9 | $7 | $7.45 | $4.37 | 70.48% |
| 2023-02-09 | 2 | $7.9 | $6 | $6.95 | $4.37 | 59.04% |
| 2023-03-22 | 2 | $7.5 | $5.714 | $6.607 | $4.37 | 51.19% |
| 2023-04-05 | 2 | $6.8 | $5.714 | $6.257 | $4.37 | 43.18% |
| 2023-04-12 | 3 | $6.8 | $5.714 | $6.257 | $4.37 | 43.18% |
| 2023-04-25 | 3 | $6.8 | $5.5 | $6.15 | $4.37 | 40.73% |
| 2023-06-30 | 3 | $6.1 | $5.5 | $5.8 | $4.37 | 32.72% |
| 2023-08-29 | 3 | $6.9 | $5.5 | $6.2 | $4.37 | 41.88% |
| 2023-09-25 | 3 | $5.8 | $5.5 | $5.65 | $4.37 | 29.29% |
| 2023-10-16 | 3 | $5.6 | $5.5 | $5.55 | $4.37 | 27% |
| 2023-11-14 | 3 | $5.6 | $5 | $5.3 | $4.37 | 21.28% |
| 2023-11-28 | 3 | $5.1 | $5 | $5.05 | $4.37 | 15.56% |
The Trend in the Analyst Price Target
Over the past 36 weeks, GGB's average price target has gone down $1.56.
Over the past 45 weeks, GGB's average upside potential has been 18.29%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-20 | 2 | 7.9 | 7.0 | 7.45 | 6.42 | 16.04% |
| 2023-01-26 | 2 | 7.9 | 7.0 | 7.45 | 6.55 | 13.74% |
| 2023-06-30 | 3 | 6.1 | 5.5 | 5.80 | 5.22 | 11.11% |
| 2023-08-29 | 3 | 6.9 | 5.5 | 6.20 | 5.26 | 17.87% |
| 2023-11-14 | 3 | 5.6 | 5.0 | 5.30 | 4.97 | 6.64% |
GGB Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.33 | 1 | 0 | 2 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
GGB's average broker recommendation rating worsened by 0.33 over the prior 35 weeks.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of all US stocks, GERDAU SA's number of analysts covering the stock is higher than 109.56% of them.
- To contextualize these metrics, consider that out of stocks in the large market cap category, GERDAU SA's average analyst price target is greater than 62.4% of them.
- In terms of how GERDAU SA fares relative to stocks in the large market cap category, note that its variance in analysts' estimates is lower than -74.48% of that group.
- GGB has a greater upside potential (average analyst target price relative to current price) than 2090.05% of stocks in the large market cap category.
In the Steel Works Etc industry, HWM, GLW, and AA are the three stocks most similar to GERDAU SA regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for GGB? Use POWR Ratings for clearer insight into price direction.