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Ternium - TX Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $50.83
  • Forecasted Upside: 19.19%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$42.65 As of 04/22/2024 01:00 AM ET
▼ -0.54 (-1.25%)

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

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Analyst Price Target for TX

Analyst Price Target is $50.83
▲ +19.19% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Ternium in the last 3 months. The average price target is $50.83, with a high forecast of $54.00 and a low forecast of $47.00. The average price target represents a 19.19% upside from the last price of $42.65.

This chart shows the closing price for TX 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 3 investment analysts is to buy stock in Ternium. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/28/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/25/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/23/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/4/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$49.00 ➝ $54.00Low
3/21/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$48.00 ➝ $51.50Low
11/20/2023Bank of AmericaUpgradeNeutral ➝ Buy$47.00Low
8/21/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$51.50 ➝ $53.50Low
6/12/2023Bank of AmericaDowngradeBuy ➝ Neutral$56.00 ➝ $47.00Low
3/9/2023Itau BBA SecuritiesDowngradeOutperform ➝ Market Perform$40.00 ➝ $49.00Low
3/6/2023Morgan StanleyUpgradeEqual Weight ➝ Overweight$34.00 ➝ $52.00Low
2/16/2023HSBCBoost TargetBuy$43.00 ➝ $45.00Low
2/1/2023CitigroupInitiated CoverageBuy ➝ Buy$50.00Low
1/23/2023Bank of AmericaUpgradeNeutral ➝ Buy$38.00 ➝ $42.00Low
11/28/2022Grupo SantanderDowngradeOutperform ➝ Neutral$45.00 ➝ $35.00Low
9/6/2022The Goldman Sachs GroupLower TargetBuy$60.00 ➝ $52.00Low
8/26/2022Bank of AmericaDowngradeBuy ➝ Neutral$53.00 ➝ $40.00Low
7/6/2022Morgan StanleyLower TargetEqual Weight$48.00 ➝ $39.00N/A
3/11/2022Wolfe ResearchUpgradeUnderperform ➝ Peer Perform$38.00 ➝ $43.00Low
1/11/2022Wolfe ResearchDowngradePeer Perform ➝ Underperform$45.00Low
12/20/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform$63.00 ➝ $61.00Medium
12/10/2021The Goldman Sachs GroupInitiated CoverageBuy$57.00High
11/16/2021Wolfe ResearchInitiated CoverageMarket Perform$46.00High
10/18/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$60.00 ➝ $50.00Medium
8/19/2021Bradesco CorretoraDowngradeOutperform ➝ Neutral$65.00Medium
8/19/2021Itau BBA SecuritiesUpgradeMarket Perform ➝ Outperform$70.00High
8/5/2021CitigroupBoost TargetBuy$50.00 ➝ $60.00Medium
7/23/2021Grupo SantanderUpgradeHold ➝ Buy$58.00High
7/15/2021HSBCBoost TargetPositive ➝ Buy$50.00 ➝ $52.00Medium
5/20/2021ScotiabankReiterated RatingOutperform ➝ Sector Perform$44.00Medium
5/14/2021ScotiabankDowngradeSector Outperform ➝ Sector Perform$27.00 ➝ $44.00High
1/21/2021Bradesco CorretoraUpgradeNeutral ➝ Outperform$39.00Low
1/11/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$41.50Medium
11/24/2020UBS GroupUpgradeSell ➝ Neutral$12.00 ➝ $28.00High
11/6/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$19.50 ➝ $26.50Low
6/22/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$18.50High
6/8/2020Bank of AmericaUpgradeUnderperform ➝ Buy$21.00Low
5/14/2020UBS GroupLower TargetSell$18.00 ➝ $12.00Low
4/20/2020The Goldman Sachs GroupReiterated RatingBuyMedium
4/20/2020CitigroupUpgradeNeutral ➝ Buy$18.00Medium
3/16/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$23.00 ➝ $18.00High
2/20/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$20.00 ➝ $25.00High
1/27/2020UBS GroupDowngradeNeutral ➝ Sell$18.00High
1/22/2020ScotiabankUpgradeSector Perform ➝ Sector Outperform$32.00High
10/10/2019CitigroupSet TargetHold$19.00Low
8/13/2019Bradesco CorretoraReiterated RatingOutperform ➝ Neutral$19.00High
8/12/2019Morgan StanleyDowngradeOverweight ➝ Equal Weight$27.00High
5/31/2019UBS GroupLower TargetNeutral$35.00 ➝ $28.00High
5/6/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$25.50High
(Data available from 4/23/2019 forward)

News Sentiment Rating

0.79 (Buy)

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
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/26/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/26/2023
  • 1 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/25/2023
  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/25/2023
  • 4 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/24/2024
  • 11 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/23/2024
  • 4 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/24/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/23/2024

Current Sentiment

  • 4 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Ternium logo
Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
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Today's Range

Now: $42.65
Low: $42.17
High: $43.34

50 Day Range

MA: $40.72
Low: $36.74
High: $44.19

52 Week Range

Now: $42.65
Low: $35.22
High: $45.58

Volume

292,417 shs

Average Volume

180,004 shs

Market Capitalization

$8.55 billion

P/E Ratio

12.40

Dividend Yield

5.13%

Beta

1.69

Frequently Asked Questions

What sell-side analysts currently cover shares of Ternium?

The following Wall Street sell-side analysts have issued reports on Ternium in the last twelve months: Bank of America Co., JPMorgan Chase & Co., StockNews.com, The Goldman Sachs Group, Inc., and TheStreet.
View the latest analyst ratings for TX.

What is the current price target for Ternium?

3 Wall Street analysts have set twelve-month price targets for Ternium in the last year. Their average twelve-month price target is $50.83, suggesting a possible upside of 19.2%. The Goldman Sachs Group, Inc. has the highest price target set, predicting TX will reach $54.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $47.00 for Ternium in the next year.
View the latest price targets for TX.

What is the current consensus analyst rating for Ternium?

Ternium currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TX will outperform the market and that investors should add to their positions of Ternium.
View the latest ratings for TX.

What other companies compete with Ternium?

Other companies that are similar to Ternium include United States Steel, Commercial Metals, Carpenter Technology, ArcelorMittal and Steel Dynamics. Learn More about companies similar to Ternium.

How do I contact Ternium's investor relations team?

Ternium's physical mailing address is 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449. The basic materials company's listed phone number is (522) 668-3152. The official website for Ternium is www.ternium.com. Learn More about contacing Ternium investor relations.