NYSE:CMC - Commercial Metals Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $42.80
  • Forecasted Upside: 26.59 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$33.81
▲ +0.71 (2.15%)

This chart shows the closing price for CMC by one month, three months, or twelve months.

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Analyst Price Target for CMC

Analyst Price Target is $42.80
▲ +26.59% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Commercial Metals in the last 3 months. The average price target is $42.80, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 26.59% upside from the last price of $33.81.

This chart shows the closing price for CMC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 10 contributing investment analysts is to buy stock in Commercial Metals. This rating has held steady since January 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
1/10/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
4/10/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 1 sell ratings
7/9/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
10/7/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
1/5/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/5/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/4/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/4/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/17/2022CitigroupLower Price TargetNeutral$44.00 ➝ $36.00Medium
6/17/2022Credit Suisse GroupBoost Price TargetNeutral$37.00 ➝ $39.00High
6/14/2022JPMorgan Chase & Co.Lower Price Target$55.00 ➝ $54.00Medium
6/7/2022KeyCorpBoost Price TargetOverweight$48.00 ➝ $49.00High
5/31/2022The Goldman Sachs GroupLower Price Target$42.00 ➝ $38.00High
5/19/2022KeyCorpLower Price TargetOverweight$50.00 ➝ $48.00Low
4/20/2022KeyCorpBoost Price TargetOverweight$47.00 ➝ $50.00High
3/24/2022JPMorgan Chase & Co.Boost Price TargetOverweight$47.00 ➝ $55.00High
3/18/2022BMO Capital MarketsBoost Price TargetMarket Perform$40.00 ➝ $45.00Medium
3/16/2022KeyCorpBoost Price TargetOverweight$42.00 ➝ $45.00Low
1/21/2022Exane BNP ParibasUpgradeNeutral ➝ Outperform$45.00High
1/21/2022BNP ParibasUpgradeNeutral ➝ Outperform$45.00High
1/11/2022BMO Capital MarketsBoost Price Target$34.00 ➝ $40.00Low
12/10/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$42.00Medium
11/16/2021Wolfe ResearchInitiated CoverageOutperform$41.00Medium
10/6/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$31.00 ➝ $33.00Low
9/15/2021Deutsche Bank AktiengesellschaftUpgradeHold$32.00 ➝ $36.00High
7/1/2021BMO Capital MarketsBoost Price TargetHold$26.00 ➝ $32.00Low
6/16/2021JPMorgan Chase & Co.Initiated CoverageNeutral$39.00High
5/10/2021Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$25.00 ➝ $33.00N/A
5/4/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$25.00 ➝ $33.00High
4/9/2021The Goldman Sachs GroupInitiated CoverageSell$29.00Medium
3/19/2021BMO Capital MarketsBoost Price TargetMarket Perform$23.00 ➝ $32.00Medium
1/12/2021Smith Barney CitigroupBoost Price Target$21.00 ➝ $22.00High
1/12/2021Bank of AmericaDowngradeNeutral ➝ Underperform$21.00 ➝ $21.00High
1/8/2021Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$22.00 ➝ $22.00High
12/3/2020BNP ParibasDowngradeOutperform ➝ Neutral$21.00High
10/16/2020CitigroupBoost Price TargetNeutral$21.00 ➝ $24.00Medium
10/16/2020Bank of AmericaDowngradeBuy ➝ Neutral$24.00Medium
8/17/2020CowenBoost Price TargetMarket Perform$20.00 ➝ $22.00Medium
6/22/2020Deutsche Bank AktiengesellschaftBoost Price Target$20.00 ➝ $24.00Low
6/22/2020CowenBoost Price TargetMarket Perform$17.00 ➝ $20.00Low
6/19/2020Credit Suisse GroupBoost Price TargetOutperform$24.00 ➝ $25.00High
6/19/2020BMO Capital MarketsBoost Price TargetMarket Perform$15.00 ➝ $22.00High
6/8/2020CitigroupDowngradeBuy ➝ Neutral$22.00 ➝ $21.00High
3/23/2020CitigroupUpgradeBuy$22.00High
3/17/2020Credit Suisse GroupLower Price TargetOutperform$27.00 ➝ $25.00High
3/17/2020Bank of AmericaUpgradeUnderperform ➝ BuyHigh
11/26/2019Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$18.50 ➝ $25.00Medium
11/26/2019BMO Capital MarketsInitiated CoverageMarket Perform$23.00Medium
11/14/2019Exane BNP ParibasInitiated CoverageOutperformMedium
10/24/2019Bank of AmericaBoost Price TargetUnderperform$13.00 ➝ $15.00Low
9/23/2019JPMorgan Chase & Co.Set Price TargetBuy$22.00Low
9/22/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$20.00Low
7/11/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$18.00Medium
6/11/2019CitigroupSet Price TargetHold$16.00Low
5/31/2019Bank of AmericaReiterated RatingUnderperform$18.00Low
5/30/2019Deutsche Bank AktiengesellschaftSet Price TargetBuy$18.00High
4/9/2019CowenReiterated RatingMarket Perform ➝ Market Perform$17.00 ➝ $18.50High
3/22/2019MacquarieUpgradeNeutral ➝ Outperform$15.23 ➝ $17.37High
1/14/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$21.00Low
1/8/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$17.00Medium
1/8/2019MacquarieSet Price TargetHold$21.00Medium
1/8/2019CitigroupSet Price TargetHold$18.00Medium
12/3/2018Longbow ResearchSet Price TargetBuy$25.00Low
11/6/2018CitigroupBoost Price TargetNeutral ➝ Hold$19.00 ➝ $22.00Low
10/29/2018CitigroupLower Price TargetNeutral ➝ Neutral$24.00 ➝ $19.00Medium
10/26/2018MacquarieSet Price TargetHold$23.00Low
10/2/2018Deutsche Bank AktiengesellschaftDowngradeBuyHigh
8/13/2018The Goldman Sachs GroupUpgradeSell ➝ Neutral$24.00High
6/27/2018Bank of AmericaDowngradeNeutral ➝ UnderperformLow
6/19/2018Bank of AmericaDowngradeNeutral ➝ Underperform$24.00High
6/12/2018CitigroupBoost Price TargetNeutral ➝ Hold$22.00 ➝ $24.00Low
5/31/2018MacquarieReiterated RatingNeutralMedium
5/17/2018MacquarieUpgradeUnderperform ➝ Neutral$24.00Medium
4/6/2018Longbow ResearchInitiated CoverageBuy ➝ Buy$27.00High
4/3/2018CitigroupDowngradeBuy ➝ Neutral$26.72 ➝ $22.00Low
3/29/2018Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy$27.00 ➝ $26.00Medium
3/23/2018Jefferies Financial GroupReiterated RatingBuyHigh
3/20/2018The Goldman Sachs GroupInitiated CoverageSell ➝ Sell$25.00 ➝ $25.00Medium
3/14/2018Bank of AmericaDowngradeBuy ➝ Neutral$25.36 ➝ $28.00High
3/9/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
12/7/2017Bank of AmericaUpgradeNeutral ➝ Buy$21.00 ➝ $24.00High
10/30/2017Jefferies Financial GroupLower Price TargetBuy$26.00 ➝ $24.00N/A
10/17/2017Jefferies Financial GroupUpgradeHold ➝ BuyN/A
9/15/2017CitigroupLower Price TargetBuy$22.00 ➝ $21.00High
9/6/2017MacquarieInitiated CoverageUnderperform ➝ Underperform$16.00Medium
9/5/2017Bank of AmericaReiterated RatingNeutral$20.00 ➝ $21.00Low
8/15/2017Clarkson CapitalReiterated RatingSell$16.00Low
(Data available from 7/5/2017 forward)

News Sentiment Rating

0.39 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/6/2021
  • 4 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/5/2022
  • 12 very positive mentions
  • 16 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
2/4/2022
  • 9 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
3/6/2022
  • 2 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
4/5/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/5/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
6/4/2022
  • 6 very positive mentions
  • 17 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
7/4/2022

Current Sentiment

  • 6 very positive mentions
  • 17 positive mentions
  • 5 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Commercial Metals logo
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including rebar, merchant bar, light structural, and other special sections, as well as semi-finished billets for re-rolling and forging applications. In addition, the company provides fabricated steel products used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.
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Today's Range

Now: $33.81
Low: $32.61
High: $33.92

50 Day Range

MA: $38.06
Low: $33.10
High: $42.86

52 Week Range

Now: $33.81
Low: $28.76
High: $46.68

Volume

40,612 shs

Average Volume

1,341,674 shs

Market Capitalization

$4.07 billion

P/E Ratio

3.84

Dividend Yield

1.66%

Beta

1.19

Frequently Asked Questions

What sell-side analysts currently cover shares of Commercial Metals?

The following Wall Street analysts have issued research reports on Commercial Metals in the last year: BMO Capital Markets, BNP Paribas, Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Exane BNP Paribas, JPMorgan Chase & Co., KeyCorp, StockNews.com, The Goldman Sachs Group, Inc., and Wolfe Research.
View the latest analyst ratings for CMC.

What is the current price target for Commercial Metals?

0 Wall Street analysts have set twelve-month price targets for Commercial Metals in the last year. Their average twelve-month price target is $42.80, suggesting a possible upside of 26.6%.
View the latest price targets for CMC.

What is the current consensus analyst rating for Commercial Metals?

Commercial Metals currently has 5 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CMC will outperform the market and that investors should add to their positions of Commercial Metals.
View the latest ratings for CMC.

How do I contact Commercial Metals' investor relations team?

Commercial Metals' physical mailing address is 6565 N. MACARTHUR BLVD. SUITE 800 P O BOX 1046, IRVING TX, 75039. The basic materials company's listed phone number is (214) 689-4300 and its investor relations email address is [email protected] The official website for Commercial Metals is www.cmc.com. Learn More about contacing Commercial Metals investor relations.