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Commercial Metals

CMCNYSE
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$60.44
0.721.21%
At close: -
$60.44
00.00%
After Hours: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$69.00
Lowest Price Target1
$39.00
Consensus Price Target1
$54.80

Commercial Metals (NYSE:CMC) Stock, Analyst Ratings, Price Targets, Forecasts

Commercial Metals Co has a consensus price target of $54.8 based on the ratings of 12 analysts. The high is $69 issued by B of A Securities on June 26, 2024. The low is $39 issued by Credit Suisse on June 17, 2022. The 3 most-recent analyst ratings were released by Jefferies, B of A Securities, and BMO Capital on September 3, 2024, June 26, 2024, and March 22, 2024, respectively. With an average price target of $64.67 between Jefferies, B of A Securities, and BMO Capital, there's an implied 6.99% upside for Commercial Metals Co from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
Sep
0
0
0
0
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
B of A Securities
BMO Capital
UBS
Citigroup

1calculated from analyst ratings

Analyst Ratings for Commercial Metals

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FAQ

Q

What is the target price for Commercial Metals (CMC) stock?

A

The latest price target for Commercial Metals (NYSE:CMC) was reported by Wolfe Research on October 9, 2024. The analyst firm set a price target for $0.00 expecting CMC to fall to within 12 months (a possible -100.00% downside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Commercial Metals (CMC)?

A

The latest analyst rating for Commercial Metals (NYSE:CMC) was provided by Wolfe Research, and Commercial Metals downgraded their peer perform rating.

Q

When was the last upgrade for Commercial Metals (CMC)?

A

The last upgrade for Commercial Metals Co happened on April 5, 2023 when B of A Securities raised their price target to $60. B of A Securities previously had a neutral for Commercial Metals Co.

Q

When was the last downgrade for Commercial Metals (CMC)?

A

The last downgrade for Commercial Metals Co happened on October 9, 2024 when Wolfe Research changed their price target from N/A to N/A for Commercial Metals Co.

Q

When is the next analyst rating going to be posted or updated for Commercial Metals (CMC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Commercial Metals, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Commercial Metals was filed on October 9, 2024 so you should expect the next rating to be made available sometime around October 9, 2025.

Q

Is the Analyst Rating Commercial Metals (CMC) correct?

A

While ratings are subjective and will change, the latest Commercial Metals (CMC) rating was a downgraded with a price target of $0.00 to $0.00. The current price Commercial Metals (CMC) is trading at is $60.44, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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