Analyst Price Target is $23.25
▲ +876.89% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Usinas Siderúrgicas de Minas Gerais in the last 3 months. The average price target is $23.25, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 876.89% upside from the last price of $2.38.
Current Consensus is
The current consensus among 5 contributing investment analysts is to buy stock in Usinas Siderúrgicas de Minas Gerais. This Buy consensus rating has held steady for over two years.
Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The company operates through four segments: Mining and Logistics, Steel Metallurgy, Steel Transformation, and Capital Assets. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; develops steel product solutions; and operates as a distribution center and trading company. The company manufactures and installs equipment for various industries; and engages in the provision of services related to road cargo transportation. It also offers stamped steel parts for the automobile industry; and products for the construction and capital goods industry, as well as engages in logistics business and produces hot-rolled galvanized steel sheets and coils. In addition, the company provides technology transfer services for steel industry; project management and services for civil construction and capital goods industry; road transportation of flat steel; hot-dip galvanizing services; and texturing and chrome plating of cylinders. Usinas Siderúrgicas de Minas Gerais S.A. was founded in 1950 and is headquartered in Belo Horizonte, Brazil.