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NYSE:CMC - Commercial Metals Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $22.38
  • Forecasted Upside: -21.52 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$28.51 As of 03/3/2021 01:00 AM ET
▲ +0.61 (2.19%)
1 month | 3 months | 12 months
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Analyst Price Target for CMC

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$22.38
▼ -21.52% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Commercial Metals in the last 3 months. The average price target is $22.38, with a high forecast of $25.00 and a low forecast of $21.00. The average price target represents a -21.52% upside from the last price of $28.51.
Hold
The current consensus among 7 investment analysts is to hold stock in Commercial Metals. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/10/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
12/9/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
3/8/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/6/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/4/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/3/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
2/1/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
3/3/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/12/2021Smith Barney CitigroupBoost Price Target$21.00 ➝ $22.00High
i
1/12/2021Bank of AmericaDowngradeNeutral ➝ Underperform$21.00 ➝ $21.00High
i
1/8/2021Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$22.00 ➝ $22.00High
i
12/3/2020BNP ParibasDowngradeOutperform ➝ Neutral$21.00High
i
10/16/2020CitigroupBoost Price TargetNeutral$21.00 ➝ $24.00Medium
i
Rating by Alexander Hacking at Citigroup Inc.
10/16/2020Bank of AmericaDowngradeBuy ➝ Neutral$24.00Medium
i
8/17/2020CowenBoost Price TargetMarket Perform$20.00 ➝ $22.00Medium
i
6/22/2020Deutsche Bank AktiengesellschaftBoost Price Target$20.00 ➝ $24.00Low
i
6/22/2020CowenBoost Price TargetMarket Perform$17.00 ➝ $20.00Low
i
6/19/2020Credit Suisse GroupBoost Price TargetOutperform$24.00 ➝ $25.00High
i
6/19/2020BMO Capital MarketsBoost Price TargetMarket Perform$15.00 ➝ $22.00High
i
6/8/2020CitigroupDowngradeBuy ➝ Neutral$22.00 ➝ $21.00High
i
Rating by Alexander Hacking at Citigroup Inc.
3/23/2020CitigroupUpgradeBuy$22.00High
i
Rating by Alexander Hacking at Citigroup Inc.
3/17/2020Credit Suisse GroupLower Price TargetOutperform$27.00 ➝ $25.00High
i
3/17/2020Bank of AmericaUpgradeUnderperform ➝ BuyHigh
i
11/26/2019Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$18.50 ➝ $25.00Medium
i
Rating by Chris Terry at Deutsche Bank Aktiengesellschaft
11/26/2019BMO Capital MarketsInitiated CoverageMarket Perform$23.00Medium
i
11/14/2019Exane BNP ParibasInitiated CoverageOutperformMedium
i
10/24/2019Bank of AmericaBoost Price TargetUnderperform$13.00 ➝ $15.00Low
i
9/23/2019JPMorgan Chase & Co.Set Price TargetBuy$22.00Low
i
Rating by Michael Gambardella at JPMorgan Chase & Co.
9/22/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$20.00Low
i
7/11/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$18.00Medium
i
Rating by Chris Terry at Deutsche Bank Aktiengesellschaft
6/11/2019CitigroupSet Price TargetHold$16.00Low
i
Rating by Alexander Hacking at Citigroup Inc.
5/31/2019Bank of AmericaReiterated RatingUnderperform$18.00Low
i
5/30/2019Deutsche Bank AktiengesellschaftSet Price TargetBuy$18.00High
i
Rating by Chris Terry at Deutsche Bank Aktiengesellschaft
4/9/2019CowenReiterated RatingMarket Perform ➝ Market Perform$17.00 ➝ $18.50High
i
3/22/2019MacquarieUpgradeNeutral ➝ Outperform$15.23 ➝ $17.37High
i
Rating by David Lipschitz at Macquarie
1/14/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$21.00Low
i
Rating by Matthew Korn at The Goldman Sachs Group, Inc.
1/8/2019Seaport Global SecuritiesReiterated RatingHoldMedium
i
Rating by D. Hernandez at Seaport Global Securities
1/8/2019CowenInitiated CoverageMarket Perform ➝ Market Perform$17.00Medium
i
1/8/2019MacquarieSet Price TargetHold$21.00Medium
i
Rating by David Lipschitz at Macquarie
1/8/2019CitigroupSet Price TargetHold$18.00Medium
i
Rating by Alexander Hacking at Citigroup Inc.
12/3/2018Longbow ResearchSet Price TargetBuy$25.00Low
i
Rating by Chris Olin at Longbow Research
11/6/2018CitigroupBoost Price TargetNeutral ➝ Hold$19.00 ➝ $22.00Low
i
Rating by Alexander Hacking at Citigroup Inc.
10/29/2018CitigroupLower Price TargetNeutral ➝ Neutral$24.00 ➝ $19.00Medium
i
Rating by Alexander Hacking at Citigroup Inc.
10/26/2018MacquarieSet Price TargetHold$23.00Low
i
Rating by David Lipschitz at Macquarie
10/11/2018Seaport Global SecuritiesInitiated CoverageNeutral$20.00Medium
i
Rating by D. Hernandez at Seaport Global Securities
10/2/2018Deutsche Bank AktiengesellschaftDowngradeBuyHigh
i
Rating by Chris Terry at Deutsche Bank Aktiengesellschaft
8/13/2018The Goldman Sachs GroupUpgradeSell ➝ Neutral$24.00High
i
Rating by Matthew Korn at The Goldman Sachs Group, Inc.
6/27/2018Bank of AmericaDowngradeNeutral ➝ UnderperformLow
i
Rating by Timna Tanners at Bank of America Co.
6/19/2018Bank of AmericaDowngradeNeutral ➝ Underperform$24.00High
i
Rating by Timna Tanners at Bank of America Co.
6/12/2018CitigroupBoost Price TargetNeutral ➝ Hold$22.00 ➝ $24.00Low
i
Rating by Alexander Hacking at Citigroup Inc.
5/31/2018MacquarieReiterated RatingNeutralMedium
i
Rating by David Lipschitz at Macquarie
5/17/2018MacquarieUpgradeUnderperform ➝ Neutral$24.00Medium
i
4/6/2018Longbow ResearchInitiated CoverageBuy ➝ Buy$27.00High
i
4/3/2018CitigroupDowngradeBuy ➝ Neutral$26.72 ➝ $22.00Low
i
Rating by Alexander Hacking at Citigroup Inc.
3/29/2018Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy$27.00 ➝ $26.00Medium
i
3/23/2018Jefferies Financial GroupReiterated RatingBuyHigh
i
3/20/2018The Goldman Sachs GroupInitiated CoverageSell ➝ Sell$25.00 ➝ $25.00Medium
i
3/14/2018Bank of AmericaDowngradeBuy ➝ Neutral$25.36 ➝ $28.00High
i
Rating by Timna Tanners at Bank of America Co.
3/9/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
i
12/7/2017Bank of AmericaUpgradeNeutral ➝ Buy$21.00 ➝ $24.00High
i
10/30/2017Jefferies Financial GroupLower Price TargetBuy$26.00 ➝ $24.00N/A
i
10/17/2017Jefferies Financial GroupUpgradeHold ➝ BuyN/A
i
9/15/2017CitigroupLower Price TargetBuy$22.00 ➝ $21.00High
i
Rating by Alexander Hacking at Citigroup Inc.
9/6/2017MacquarieInitiated CoverageUnderperform ➝ Underperform$16.00Medium
i
9/5/2017Bank of AmericaReiterated RatingNeutral$20.00 ➝ $21.00Low
i
8/15/2017Clarkson CapitalReiterated RatingSell$16.00Low
i
6/28/2017Jefferies Financial GroupReiterated RatingHold$19.00Low
i
6/25/2017Bank of AmericaReiterated RatingNeutral$19.00 ➝ $20.00Low
i
6/13/2017CitigroupUpgradeNeutral ➝ Buy$21.00 ➝ $22.00High
i
6/8/2017Bank of AmericaDowngradeBuy ➝ Neutral$21.00 ➝ $19.00High
i
5/24/2017Jefferies Financial GroupReiterated RatingHold$19.00Medium
i
4/19/2017Jefferies Financial GroupReiterated RatingHold$20.00 ➝ $19.00High
i
3/28/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$19.00 ➝ $24.00High
i
Rating by Curt Woodworth at Credit Suisse Group AG
3/21/2017Deutsche Bank AktiengesellschaftLower Price TargetBuy$26.00High
i
Rating by Jorge Beristain at Deutsche Bank Aktiengesellschaft
3/2/2017Clarkson CapitalDowngradeNeutral ➝ SellN/A
i
Rating by L. Mcmillan at Clarkson Capital
2/15/2017Clarkson CapitalUpgradeSell ➝ Neutral$16.00 ➝ $18.00N/A
i
Rating by L. Mcmillan at Clarkson Capital
1/19/2017CitigroupDowngradeBuy ➝ Neutral$21.00N/A
i
1/13/2017Credit Suisse GroupReiterated RatingNeutral$15.00 ➝ $19.00N/A
i
Rating by Curt Woodworth at Credit Suisse Group AG
1/10/2017Jefferies Financial GroupLower Price TargetNeutral ➝ Hold$24.00 ➝ $22.00N/A
i
1/5/2017Deutsche Bank AktiengesellschaftInitiated CoverageBuy$27.00N/A
i
12/13/2016Clarkson CapitalDowngradeNeutral ➝ SellN/A
i
Rating by L. Mcmillan at Clarkson Capital
12/12/2016Jefferies Financial GroupDowngradeBuy ➝ Hold$24.00N/A
i
11/11/2016DA DavidsonDowngradeBuy ➝ Neutral$19.00 ➝ $22.00N/A
i
Rating by B. Thielman at DA Davidson
11/9/2016CitigroupUpgradeNeutral ➝ Buy$16.00 ➝ $20.00N/A
i
11/9/2016Bank of AmericaUpgradeNeutral ➝ BuyN/A
i
11/9/2016Jefferies Financial GroupUpgradeHold ➝ Buy$15.50 ➝ $20.00N/A
i
Rating by Mike McCormack at Jefferies Financial Group Inc.
11/4/2016Clarkson CapitalUpgradeSell ➝ NeutralN/A
i
Rating by L. Mcmillan at Clarkson Capital
10/31/2016MacquarieDowngradeOutperform ➝ NeutralN/A
i
10/8/2016Credit Suisse GroupSet Price TargetHold$15.00N/A
i
Rating by Curt Woodworth at Credit Suisse Group AG
9/16/2016Jefferies Financial GroupReiterated RatingHold$16.50N/A
i
Rating by Mike McCormack at Jefferies Financial Group Inc.
8/22/2016CitigroupInitiated CoverageNeutral$16.00N/A
i
7/20/2016Bank of AmericaDowngradeNeutralN/A
i
6/27/2016Clarkson CapitalDowngradeNeutral ➝ SellN/A
i
Rating by L. Mcmillan at Clarkson Capital
6/4/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by Mike McCormack at Jefferies Financial Group Inc.
6/2/2016Bank of AmericaDowngradeNeutral ➝ Underperform$17.00N/A
i
3/28/2016DA DavidsonBoost Price TargetBuy$17.00 ➝ $19.00N/A
i
Rating by Brent Thielman at DA Davidson
3/28/2016Credit Suisse GroupLower Price TargetNeutral$16.00 ➝ $15.00N/A
i
3/21/2016Jefferies Financial GroupDowngradeBuy ➝ Hold$16.50N/A
i
3/17/2016Bank of AmericaReiterated RatingNeutralN/A
i
3/10/2016Credit Suisse GroupInitiated CoverageNeutral$16.00N/A
i
(Data available from 3/4/2016 forward)
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, Germany, 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.
Read More

Today's Range

Now: $28.51
$27.93
$28.86

50 Day Range

MA: $22.36
$19.69
$27.90

52 Week Range

Now: $28.51
$10.76
$28.86

Volume

2,851,163 shs

Average Volume

1,631,735 shs

Market Capitalization

$3.42 billion

P/E Ratio

13.20

Dividend Yield

1.72%

Beta

1.24

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: Bank of America Co., BMO Capital Markets, BNP Paribas, Citigroup Inc., Cowen Inc, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Smith Barney Citigroup, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for CMC.

What is the current price target for Commercial Metals?

8 Wall Street analysts have set twelve-month price targets for Commercial Metals in the last year. Their average twelve-month price target is $22.38, suggesting a possible downside of 22.2%. Credit Suisse Group AG has the highest price target set, predicting CMC will reach $25.00 in the next twelve months. BNP Paribas has the lowest price target set, forecasting a price of $21.00 for Commercial Metals in the next year.
View the latest price targets for CMC.

What is the current consensus analyst rating for Commercial Metals?

Commercial Metals currently has 1 sell rating, 5 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CMC, but not buy more shares or sell existing shares.
View the latest ratings for CMC.

What other companies compete with Commercial Metals?

Other companies that are similar to Commercial Metals include Nucor, Steel Dynamics, Reliance Steel & Aluminum, Cleveland-Cliffs, United States Steel, Worthington Industries, Allegheny Technologies, Carpenter Technology, Schnitzer Steel Industries, Haynes International, Olympic Steel and Universal Stainless & Alloy Products.

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.