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Companhia Siderurgica

SIDNYSE
$2.39
-0.04-1.65%
At Close: -
$2.39
00.00%
After Hours: 9:04 AM EDT
15 minutes delayed
Consensus Rating1
Underperform
Highest Price Target1
$3.00
Lowest Price Target1
$2.90
Consensus Price Target1
$2.95

Companhia Siderurgica (NYSE:SID) Stock, Analyst Ratings, Price Targets, Forecasts

Companhia Siderurgica Nacional has a consensus price target of $2.95 based on the ratings of 2 analysts. The high is $3 issued by Itau BBA on April 4, 2024. The low is $2.9 issued by B of A Securities on April 9, 2024. The 3 most-recent analyst ratings were released by B of A Securities, Itau BBA, and B of A Securities on April 9, 2024, April 4, 2024, and November 20, 2023, respectively. With an average price target of $3.33 between B of A Securities, Itau BBA, and B of A Securities, there's an implied 39.47% upside for Companhia Siderurgica Nacional from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Apr
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
Itau BBA

1calculated from analyst ratings

Analyst Ratings for Companhia Siderurgica

Buy NowGet Alert
04/09/2024Buy Now21.34%B of A Securities
Caio Ribeiro
$3.9 → $2.9DowngradeNeutral → UnderperformGet Alert
04/04/2024Buy Now25.52%Itau BBA
Daniel Sasson
→ $3DowngradeMarket Perform → UnderperformGet Alert
11/20/2023Buy Now71.55%B of A Securities
Caio Ribeiro
→ $4.1UpgradeUnderperform → BuyGet Alert
07/10/2023Buy Now-3.77%Itau BBA
Daniel Sasson
→ $2.3DowngradeMarket Perform → UnderperformGet Alert
08/26/2022Buy NowB of A Securities
Caio Ribeiro
DowngradeNeutral → UnderperformGet Alert

FAQ

Q

What is the target price for Companhia Siderurgica (SID) stock?

A

The latest price target for Companhia Siderurgica (NYSE:SID) was reported by B of A Securities on April 9, 2024. The analyst firm set a price target for $2.90 expecting SID to rise to within 12 months (a possible 21.34% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Companhia Siderurgica (SID)?

A

The latest analyst rating for Companhia Siderurgica (NYSE:SID) was provided by B of A Securities, and Companhia Siderurgica downgraded their underperform rating.

Q

When was the last upgrade for Companhia Siderurgica (SID)?

A

The last upgrade for Companhia Siderurgica Nacional happened on November 20, 2023 when B of A Securities raised their price target to $4.1. B of A Securities previously had an underperform for Companhia Siderurgica Nacional.

Q

When was the last downgrade for Companhia Siderurgica (SID)?

A

The last downgrade for Companhia Siderurgica Nacional happened on April 9, 2024 when B of A Securities changed their price target from $3.9 to $2.9 for Companhia Siderurgica Nacional.

Q

When is the next analyst rating going to be posted or updated for Companhia Siderurgica (SID)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Companhia Siderurgica, 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 Companhia Siderurgica was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.

Q

Is the Analyst Rating Companhia Siderurgica (SID) correct?

A

While ratings are subjective and will change, the latest Companhia Siderurgica (SID) rating was a downgraded with a price target of $3.90 to $2.90. The current price Companhia Siderurgica (SID) is trading at is $2.39, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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