Gerdau S.A. (GGB) Social Stream
GERDAU SA (GGB) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering GGB.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-25 | 2 | $8 | $8 | $8 | $4.64 | 72.41% |
| 2022-01-13 | 2 | $8 | $6.801 | $7.4 | $4.64 | 59.48% |
| 2022-03-16 | 2 | $8.4 | $8 | $8.2 | $4.64 | 76.72% |
| 2022-04-18 | 2 | $9.6 | $8 | $8.8 | $4.64 | 89.66% |
| 2022-04-20 | 2 | $9.6 | $8.5 | $9.05 | $4.64 | 95.04% |
| 2022-05-11 | 2 | $8.6 | $8.5 | $8.55 | $4.64 | 84.27% |
| 2022-07-14 | 2 | $8.8 | $8.5 | $8.65 | $4.64 | 86.42% |
| 2022-07-26 | 2 | $8.8 | $7.5 | $8.15 | $4.64 | 75.65% |
| 2022-08-22 | 2 | $8.8 | $7 | $7.9 | $4.64 | 70.26% |
| 2022-09-20 | 2 | $7 | $6.6 | $6.8 | $4.64 | 46.55% |
| 2022-10-26 | 2 | $7 | $6.5 | $6.75 | $4.64 | 45.47% |
| 2023-01-19 | 2 | $7.3 | $7 | $7.15 | $4.64 | 54.09% |
| 2023-02-01 | 2 | $7.9 | $7 | $7.45 | $4.64 | 60.56% |
| 2023-02-09 | 2 | $7.9 | $6 | $6.95 | $4.64 | 49.78% |
The Trend in the Analyst Price Target
Over the past 16 months, GGB's average price target has gone down $1.05.
GGB reports an average of 45.3% for its upside potential over the past 42 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-05 | 2 | 8.8 | 7.0 | 7.90 | 4.81 | 64.24% |
| 2022-08-13 | 2 | 8.8 | 7.0 | 7.90 | 5.13 | 54% |
| 2022-10-17 | 2 | 7.0 | 6.5 | 6.75 | 4.85 | 39.18% |
| 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% |
GGB Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 1 | 0 | 1 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
GGB's average broker recommendation rating worsened by 1 over the prior 52 weeks.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- GGB has a higher number of analysts covering the stock than 49.35% of all US stocks.
- In the context of stocks in the large market cap category, GERDAU SA's average analyst price target is higher than 39.71% of them.
- GGB has a lower variance in analysts' estimates than 13.5% of stocks in the large market cap category.
- To contextualize these metrics, consider that out of Steel Works Etc stocks, GERDAU SA's upside potential (average analyst target price relative to current price) is greater than 1168.01% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Steel Works Etc industry with the ratings most similar to GERDAU SA are HWM, GLW, and AA.
View All Top Stocks by Price Target
What is the outlook for GGB? Use POWR Ratings for clearer insight into price direction.