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How Does Gerdau SA ADR (GGB) Stock Rank on Wall Street Wednesday?

Wednesday, January 19, 2022 10:28 AM | InvestorsObserver Analysts

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How Does Gerdau SA ADR (GGB) Stock Rank on Wall Street Wednesday?

InvestorsObserver is giving Gerdau SA ADR (GGB) an Analyst Rating Rank of 28, meaning GGB is ranked higher by analysts than 28% of stocks. The average price target for GGB is $7.4 and analyst’s rate the stock as a Buy.

Overall Score - 4
Wall Street analysts are rating GGB a Buy today. Find out what this means to you and get the rest of the rankings on GGB!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Gerdau SA ADR Stock Today?

Gerdau SA ADR (GGB) stock is trading at $5.30 as of 10:16 AM on Wednesday, Jan 19, an increase of $0.21, or 4.13% from the previous closing price of $5.09. The stock has traded between $5.23 and $5.31 so far today. Volume today is low. So far 1,412,212 shares have traded compared to average volume of 7,356,476 shares. Click Here to get the full Stock Report for Gerdau SA ADR stock.

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