NYSE:GGB - Gerdau Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $0.00
  • Forecasted Upside: -100.00 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$5.96
▲ +0.03 (0.51%)

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

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Analyst Price Target for GGB

Analyst Price Target is $0.00
▼ -100.00% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Gerdau in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $5.96.

This chart shows the closing price for GGB 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 6 polled investment analysts is to buy stock in Gerdau. This rating changed within the last month 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
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/20/2021HSBCDowngradeBuy ➝ HoldHigh
1/12/2021The Goldman Sachs GroupDowngradeBuy ➝ NeutralHigh
12/15/2020Morgan StanleyUpgradeEqual Weight ➝ OverweightMedium
10/7/2020Bradesco CorretoraUpgradeNeutral ➝ OutperformHigh
8/19/2020JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
7/24/2020Itau BBA SecuritiesUpgradeMarket Perform ➝ OutperformHigh
6/22/2020JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
6/8/2020Bank of AmericaDowngradeNeutral ➝ UnderperformLow
4/20/2020The Goldman Sachs GroupReiterated RatingBuyHigh
1/24/2020Morgan StanleyDowngradeOverweight ➝ Equal WeightMedium
1/22/2020ScotiabankDowngradeSector Outperform ➝ Sector PerformLow
12/18/2018ScotiabankUpgradeSector Perform ➝ OutperformLow
12/13/2018The Goldman Sachs GroupInitiated CoverageBuy ➝ BuyLow
9/17/2018HSBCUpgradeHold ➝ BuyHigh
8/16/2018Bank of AmericaReiterated RatingBuyLow
6/5/2018Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
3/8/2018Morgan StanleyDowngradeOverweight ➝ Equal WeightLow
2/2/2018Credit Suisse GroupUpgradeNeutral ➝ OutperformMedium
11/27/2017Bank of AmericaUpgradeNeutral ➝ Buy$4.00Low
10/23/2017The Goldman Sachs GroupReiterated RatingBuy ➝ BuyN/A
9/13/2017Sandler O'NeillUpgradeHold ➝ BuyHigh
9/12/2017SantanderUpgradeHold ➝ BuyHigh
9/7/2017Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
9/1/2017JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
6/9/2017ScotiabankUpgradeUnderperform ➝ Sector PerformLow
3/28/2017UBS GroupDowngradeNeutral ➝ SellN/A
10/25/2016ScotiabankDowngradeSector Perform ➝ UnderperformN/A
10/10/2016JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralN/A
8/18/2016Morgan StanleyUpgradeEqual Weight ➝ OverweightN/A
8/4/2016Credit Suisse GroupUpgradeNeutral ➝ OutperformN/A
(Data available from 6/23/2016 forward)
Gerdau logo
Gerdau S.A. provides steel products and services. It operates through four segments: Brazil Business, North America Business, South America Business, and Special Steel Business. The company offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smooth wire products; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps. It also produces special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. In addition, the company offers flat products, including hot rolled coils and heavy plates; and resells flat steel products, as well as mines and produces iron ore. It sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in Sao Paulo, Brazil. Gerdau S.A. is a subsidiary of Metalúrgica Gerdau S.A.
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Today's Range

Now: $5.96
Low: $5.85
High: $6.01

50 Day Range

MA: $6.31
Low: $5.67
High: $7.26

52 Week Range

Now: $5.96
Low: $2.75
High: $7.27

Volume

14,692,181 shs

Average Volume

14,660,146 shs

Market Capitalization

$10.25 billion

P/E Ratio

6.93

Dividend Yield

2.36%

Beta

1.62

Frequently Asked Questions

What sell-side analysts currently cover shares of Gerdau?

The following Wall Street research analysts have issued reports on Gerdau in the last year: Bradesco Corretora, HSBC Holdings plc, Itau BBA Securities, JPMorgan Chase & Co., Morgan Stanley, The Goldman Sachs Group, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for GGB.

What is the current price target for Gerdau?

0 Wall Street analysts have set twelve-month price targets for Gerdau in the last year. has the lowest price target set, forecasting a price of $10,000,000.00 for Gerdau in the next year.
View the latest price targets for GGB.

What is the current consensus analyst rating for Gerdau?

Gerdau currently has 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GGB will outperform the market and that investors should add to their positions of Gerdau.
View the latest ratings for GGB.

What other companies compete with Gerdau?

How do I contact Gerdau's investor relations team?

Gerdau's physical mailing address is AV DOUTORA RUTH CARDOSO 8 501 8TH FLOOR, SAO PAULO SP D5, 05425. The basic materials company's listed phone number is 011-55-51-3323-2703 and its investor relations email address is [email protected] The official website for Gerdau is www2.gerdau.com.