• Consensus Rating: Buy
  • Consensus Price Target: $6.10
  • Forecasted Upside: 50.25 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$4.06
▼ -0.15 (-3.56%)

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 $6.10
▲ +50.25% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Gerdau in the last 3 months. The average price target is $6.10, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 50.25% upside from the last price of $4.06.

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 5 polled investment analysts is to buy stock in Gerdau. This rating has held steady since May 2021, 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
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
1/12/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/12/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/11/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/9/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/7/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/7/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/6/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/6/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/10/2021The Goldman Sachs GroupInitiated CoverageBuyLow
11/12/2021CitigroupUpgradeNeutral ➝ Buy$6.10Low
10/18/2021Morgan StanleyDowngradeOverweight ➝ Equal WeightLow
9/9/2021Credit Suisse GroupUpgradeNeutral ➝ OutperformLow
9/7/2021ScotiabankUpgradeSector Perform ➝ OutperformLow
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
(Data available from 7/6/2017 forward)

News Sentiment Rating

0.48 (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
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/8/2021
  • 2 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/7/2022
  • 3 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/6/2022
  • 0 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/8/2022
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/7/2022
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/7/2022
  • 1 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/6/2022
  • 6 very positive mentions
  • 7 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
7/6/2022

Current Sentiment

  • 6 very positive mentions
  • 7 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Gerdau logo
Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It 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. The company 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, it 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 through its retail network. The company was founded in 1901 and is based in Sao Paulo, Brazil.
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Today's Range

Now: $4.06
Low: $3.95
High: $4.07

50 Day Range

MA: $5.32
Low: $4.06
High: $6.32

52 Week Range

Now: $4.06
Low: $4.03
High: $6.62

Volume

20,410,356 shs

Average Volume

18,113,876 shs

Market Capitalization

N/A

P/E Ratio

2.32

Dividend Yield

7.91%

Beta

1.64

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: Citigroup Inc., Credit Suisse Group AG, Morgan Stanley, Scotiabank, and The Goldman Sachs Group, Inc..
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. Their average twelve-month price target is $6.10, suggesting a possible upside of 50.2%.
View the latest price targets for GGB.

What is the current consensus analyst rating for Gerdau?

Gerdau currently has 1 hold rating 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.

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 551130946300 and its investor relations email address is [email protected] The official website for Gerdau is www2.gerdau.com. Learn More about contacing Gerdau investor relations.