| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/13/2023 | 16.55% | BMO Capital | $58 → $50 | Maintains | Market Perform |
| 07/11/2023 | 46.85% | UBS | → $63 | Initiates Coverage On | → Buy |
| 06/23/2023 | 35.2% | BMO Capital | $56 → $58 | Maintains | Market Perform |
| 04/05/2023 | 39.86% | B of A Securities | $56 → $60 | Upgrades | Neutral → Buy |
| 02/23/2023 | — | Keybanc | Downgrades | Overweight → Sector Weight | |
| 02/15/2023 | 30.54% | Citigroup | $54 → $56 | Maintains | Neutral |
| 01/11/2023 | 32.87% | Keybanc | $50 → $57 | Maintains | Overweight |
| 01/10/2023 | 23.54% | Goldman Sachs | $48 → $53 | Maintains | Neutral |
| 01/10/2023 | 30.54% | BMO Capital | $49 → $56 | Maintains | Market Perform |
| 01/04/2023 | 28.21% | B of A Securities | → $55 | Reinstates | → Neutral |
| 11/22/2022 | 16.55% | Keybanc | $46 → $50 | Maintains | Overweight |
| 10/17/2022 | 7.23% | Keybanc | $45 → $46 | Maintains | Overweight |
| 10/14/2022 | 2.56% | Citigroup | $42 → $44 | Maintains | Neutral |
| 10/14/2022 | 0.23% | BMO Capital | $37 → $43 | Maintains | Market Perform |
| 10/06/2022 | -13.75% | Goldman Sachs | $41 → $37 | Maintains | Neutral |
| 07/19/2022 | 4.9% | Keybanc | $49 → $45 | Maintains | Overweight |
| 06/17/2022 | -16.08% | Citigroup | $44 → $36 | Maintains | Neutral |
| 06/17/2022 | -9.09% | Credit Suisse | $37 → $39 | Maintains | Neutral |
| 06/14/2022 | 25.87% | JP Morgan | $55 → $54 | Maintains | Overweight |
| 06/07/2022 | 14.22% | Keybanc | $48 → $49 | Maintains | Overweight |
| 05/19/2022 | 11.89% | Keybanc | $50 → $48 | Maintains | Overweight |
| 04/20/2022 | 16.55% | Keybanc | $47 → $50 | Maintains | Overweight |
| 03/24/2022 | 28.21% | JP Morgan | $47 → $55 | Maintains | Overweight |
| 03/18/2022 | 4.9% | BMO Capital | $40 → $45 | Maintains | Market Perform |
| 03/18/2022 | 9.56% | Keybanc | $45 → $47 | Maintains | Overweight |
| 03/16/2022 | 4.9% | Keybanc | $42 → $45 | Maintains | Overweight |
| 01/21/2022 | 4.9% | Exane BNP Paribas | → $45 | Upgrades | Neutral → Outperform |
| 01/19/2022 | -2.1% | Keybanc | → $42 | Upgrades | Sector Weight → Overweight |
| 12/10/2021 | — | JP Morgan | Upgrades | Neutral → Overweight | |
| 11/17/2021 | -4.43% | Wolfe Research | → $41 | Initiates Coverage On | → Outperform |
| 10/06/2021 | -23.08% | Goldman Sachs | $31 → $33 | Upgrades | Sell → Neutral |
| 06/16/2021 | -9.09% | JP Morgan | → $39 | Initiates Coverage On | → Neutral |
| 05/04/2021 | -23.08% | Credit Suisse | $25 → $33 | Downgrades | Outperform → Neutral |
| 04/09/2021 | -32.4% | Goldman Sachs | → $29 | Initiates Coverage On | → Sell |
| 01/08/2021 | -48.72% | Deutsche bank | → $22 | Downgrades | Buy → Hold |
| 12/03/2020 | -51.05% | Exane BNP Paribas | → $21 | Downgrades | Outperform → Neutral |
| 10/16/2020 | — | B of A Securities | Downgrades | Buy → Neutral | |
| 06/19/2020 | -41.72% | Credit Suisse | $24 → $25 | Maintains | Outperform |
| 03/17/2020 | -41.72% | Credit Suisse | $27 → $25 | Maintains | Outperform |
| 11/26/2019 | -46.39% | BMO Capital | → $23 | Initiates Coverage On | → Market Perform |
| 11/26/2019 | -41.72% | Deutsche Bank | $18.5 → $25 | Upgrades | Hold → Buy |
| 09/23/2019 | -53.38% | Goldman Sachs | → $20 | Downgrades | Buy → Neutral |
| 07/11/2019 | — | Deutsche Bank | Downgrades | Buy → Hold | |
| 01/14/2019 | -51.05% | Goldman Sachs | → $21 | Upgrades | Neutral → Buy |
| 01/09/2019 | -60.37% | Cowen & Co. | → $17 | Initiates Coverage On | → Market Perform |
| 11/06/2018 | -48.72% | Citigroup | $19 → $22 | Maintains | Neutral |
| 10/29/2018 | -55.71% | Citigroup | $24 → $19 | Maintains | Neutral |
What is the target price for Commercial Metals (CMC)?
The latest price target for Commercial Metals (NYSE: CMC) was reported by BMO Capital on October 13, 2023. The analyst firm set a price target for $50.00 expecting CMC to rise to within 12 months (a possible 16.55% upside). 14 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Commercial Metals (CMC)?
The latest analyst rating for Commercial Metals (NYSE: CMC) was provided by BMO Capital, and Commercial Metals maintained their market perform rating.
When is the next analyst rating going to be posted or updated for Commercial Metals (CMC)?
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 13, 2023 so you should expect the next rating to be made available sometime around October 13, 2024.
Is the Analyst Rating Commercial Metals (CMC) correct?
While ratings are subjective and will change, the latest Commercial Metals (CMC) rating was a maintained with a price target of $58.00 to $50.00. The current price Commercial Metals (CMC) is trading at is $42.90, which is out of the analyst's predicted range.