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 117.71% upside for Companhia Siderurgica Nacional from these most-recent analyst ratings.
1calculated from analyst ratings
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 89.41% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Companhia Siderurgica (NYSE:SID) was provided by B of A Securities, and Companhia Siderurgica downgraded their underperform rating.
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.
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.
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.
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 $1.53, which is out of the analyst’s predicted range.
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