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NYSE: GGB
Gerdau Sa Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GGB

Based on 1 analyst offering 12 month price targets for Gerdau Sa.
Min Forecast
$5.71+14.43%
Avg Forecast
$5.71+14.43%
Max Forecast
$5.71+14.43%

Should I buy or sell GGB stock?

Based on 1 analyst offering ratings for Gerdau Sa.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GGB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Bottom 20%
20
HoldDowngrades$5.71+14.43%2023-02-09

1 of 1

Forecast return on equity

Is GGB forecast to generate an efficient return?
Company
14.47%
Industry
23.48%
Market
-13.7%
GGB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GGB forecast to generate an efficient return on assets?
Company
9.04%
Industry
12.24%
GGB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GGB vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
GGB$4.99$5.71+14.43%Hold
CLF$14.36$19.88+38.41%Buy
CMC$44.89$56.40+25.64%Buy
SIM$32.50N/AN/A
X$21.71$24.12+11.11%Sell
View Top Steel Stocks

Gerdau Sa Stock Forecast FAQ

Is Gerdau Sa Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: GGB) stock is to Hold GGB stock.

Out of 1 analyst, 0 (0%) are recommending GGB as a Strong Buy, 0 (0%) are recommending GGB as a Buy, 1 (100%) are recommending GGB as a Hold, 0 (0%) are recommending GGB as a Sell, and 0 (0%) are recommending GGB as a Strong Sell.

If you're new to stock investing, here's how to buy Gerdau Sa stock.

What is GGB's forecast return on equity (ROE) for 2023-2023?

(NYSE: GGB) forecast ROE is 14.47%, which is considered weak.

What is GGB's Price Target?

According to 1 Wall Street analyst that have issued a 1 year GGB price target, the average GGB price target is $5.71, with the highest GGB stock price forecast at $5.71 and the lowest GGB stock price forecast at $5.71.

The Wall Street analyst predicted that Gerdau Sa's share price could reach $5.71 by Feb 9, 2024. The average Gerdau Sa stock price prediction forecasts a potential upside of 14.43% from the current GGB share price of $4.99.

What is GGB's forecast return on assets (ROA) for 2023-2023?

(NYSE: GGB) forecast ROA is 9.04%, which is lower than the forecast US Steel industry average of 12.24%.
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