GERDAU SA -SPON ADR (GGB)

US3737371050 - ADR

3.35  +0.04 (+1.21%)

After market: 3.36 +0.01 (+0.3%)

Buy % Consensus

83

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 4.52. This target is 34.84% above the current price.
GGB was analyzed by 21 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 21 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 3.353.564.504.526.10 - 6.37% 34.28% 34.84% 82.00%
Up and Down Grades
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