Commercial Metals (CMC)
(Delayed Data from NYSE)
$54.23 USD
+1.34 (2.53%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $54.24 +0.01 (0.02%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth D Momentum A VGM
Commercial Metals (CMC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$60.00 | $69.00 | $48.00 | 13.44% |
Price Target
Based on short-term price targets offered by four analysts, the average price target for Commercial Metals comes to $60.00. The forecasts range from a low of $48.00 to a high of $69.00. The average price target represents an increase of 13.44% from the last closing price of $52.89.
Analyst Price Targets (4 )
Broker Rating
Commercial Metals currently has an average brokerage recommendation (ABR) of 2.20 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by five brokerage firms. The current ABR compares to an ABR of 2.20 a month ago based on five recommendations.
Of the five recommendations deriving the current ABR, two are Strong Buy, representing 40% of all recommendations. A month ago, Strong Buy represented 40%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/CMC.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 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 | 2.20 | 2.20 | 2.20 | 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 |
---|---|---|---|---|
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 |
10/16/2023 | Not Identified | Not Identified | 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 | 2.20 |
ABR (Last week) | 2.20 |
# of Recs in ABR | 5 |
Average Target Price | $60.00 |
LT Growth Rate | NA |
Industry | Steel - Producers |
Industry Rank by ABR | 212 of 253 |
Current Quarter EPS Est: | 1.19 |