GERDAU SA -SPON ADR (GGB)
US3737371050 - ADR
ChartMill assigns a Buy % Consensus number of 80% to GGB. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 6.43. This target is 41.23% above the current price.
GGB was analyzed by 24 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about GGB.
In the previous month the buy percentage consensus was at a similar level.
GGB was analyzed by 24 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 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 |