Ternium SA has a consensus price target of $49.78 based on the ratings of 9 analysts. The high is $56 issued by JP Morgan on May 28, 2024. The low is $43 issued by Wolfe Research on March 11, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Goldman Sachs, and JP Morgan on May 28, 2024, April 4, 2024, and March 21, 2024, respectively. With an average price target of $53.83 between JP Morgan, Goldman Sachs, and JP Morgan, there's an implied 84.99% upside for Ternium SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ternium (NYSE:TX) was reported by JP Morgan on May 28, 2024. The analyst firm set a price target for $56.00 expecting TX to rise to within 12 months (a possible 92.44% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Ternium (NYSE:TX) was provided by JP Morgan, and Ternium maintained their overweight rating.
The last upgrade for Ternium SA happened on November 20, 2023 when B of A Securities raised their price target to $47. B of A Securities previously had a neutral for Ternium SA.
The last downgrade for Ternium SA happened on June 12, 2023 when B of A Securities changed their price target from $56 to $47 for Ternium SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ternium, 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 Ternium was filed on May 28, 2024 so you should expect the next rating to be made available sometime around May 28, 2025.
While ratings are subjective and will change, the latest Ternium (TX) rating was a maintained with a price target of $54.00 to $56.00. The current price Ternium (TX) is trading at is $29.10, which is out of the analyst’s predicted range.
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