GERDAU SA -SPON ADR (GGB)
US3737371050 - ADR
ChartMill assigns a Buy % Consensus number of 83% to GGB. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 4.38. This target is 47.56% above the current price.
GGB was analyzed by 20 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about GGB.
In the previous month the buy percentage consensus was at a similar level.
GGB was analyzed by 20 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-05-24 | B of A Securities | Upgrade | Neutral -> Buy |
| 2024-04-15 | JP Morgan | Upgrade | Neutral -> Overweight |
| 2023-11-20 | B of A Securities | Downgrade | Buy -> Neutral |
| 2023-02-09 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2021-09-09 | Credit Suisse | Upgrade | Neutral -> Outperform |