Commercial Metals (CMC)
(Delayed Data from NYSE)
$54.56 USD
-0.40 (-0.73%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $54.55 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F Momentum B VGM
Commercial Metals (CMC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$63.17 | $69.00 | $60.00 | 14.94% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Commercial Metals comes to $63.17. The forecasts range from a low of $60.00 to a high of $69.00. The average price target represents an increase of 14.94% from the last closing price of $54.96.
Analyst Price Targets (6 )
Broker Rating
Commercial Metals currently has an average brokerage recommendation (ABR) of 1.86 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 2.00 a month ago based on six recommendations.
Of the seven recommendations deriving the current ABR, four are Strong Buy, representing 57.14% of all recommendations. A month ago, Strong Buy represented 50%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 4 | 4 | 3 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.86 | 1.86 | 2.00 | 2.20 | 2.20 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/18/2024 | Not Identified | Not Identified | Hold | Strong Buy |
9/3/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Hold | Hold |
6/14/2024 | UBS | Curtis Woodworth | Strong Buy | Strong Buy |
3/22/2024 | BMO Capital Markets | Katja Jancic | Hold | Hold |
1/5/2024 | KeyBanc Capital Markets | Philip Gibbs | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.86 |
ABR (Last week) | 1.86 |
# of Recs in ABR | 7 |
Average Target Price | $63.17 |
LT Growth Rate | NA |
Industry | Steel - Producers |
Industry Rank by ABR | 163 of 253 |
Current Quarter EPS Est: | 0.85 |
CMC FAQs
Commercial Metals Company (CMC) currently has an average brokerage recommendation (ABR) of 1.86 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 7 brokerage firms.
The average price target for Commercial Metals Company (CMC) is $63.17. The current on short-term price targets is based on 2 reports.
The forecasts for Commercial Metals Company (CMC) range from a low of $60 to a high of $69. The average price target represents a increase of $15.78 from the last closing price of $54.56.
The current UPSIDE for Commercial Metals Company (CMC) is 15.78%
Based on short-term price targets offered by six analysts, the average price target for Commercial Metals comes to $63.17. The forecasts range from a low of $60.00 to a high of $69.00. The average price target represents an increase of 14.94% from the last closing price of $54.96.