On June 9, 2025, UBS upgraded its rating for Gerdau (GGB, Financial) from "Neutral" to "Buy". This change reflects increased confidence in the company's future performance.
In addition to the rating upgrade, UBS also raised its price target for GGB, moving it from $2.90 to $3.80. This adjustment represents a significant increase of 31.03% from the previous target. The price target is set in USD.
The analyst behind this upgrade, Caio Greiner, cites factors that suggest strong potential for Gerdau (GGB, Financial). UBS's revised price target indicates a positive outlook for the company's stock performance.
Investors will be closely watching GGB following this bullish analyst change, which could influence trading activity and sentiment around the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Gerdau SA (GGB, Financial) is $4.02 with a high estimate of $5.07 and a low estimate of $2.94. The average target implies an upside of 29.15% from the current price of $3.12. More detailed estimate data can be found on the Gerdau SA (GGB) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Gerdau SA's (GGB, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Gerdau SA (GGB, Financial) in one year is $3.54, suggesting a upside of 13.64% from the current price of $3.115. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Gerdau SA (GGB) Summary page.
