Analyst Price Target is $153.44
▲ +3.68% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Nucor in the last 3 months. The average price target is $153.44, with a high forecast of $190.00 and a low forecast of $122.00. The average price target represents a 3.68% upside from the last price of $148.00.
Current Consensus is
The current consensus among 8 investment analysts is to hold stock in Nucor. This Hold consensus rating has held steady for over two years.
Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment consists of carbon and alloy steel in sheet, bars, structural and plate, steel trading businesses, rebar distribution businesses, and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products businesses, and wire and wire mesh. The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.