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Should You Buy Gerdau SA ADR (GGB) in Steel Industry?

Tuesday, November 29, 2022 06:33 AM | InvestorsObserver Analysts

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Should You Buy Gerdau SA ADR (GGB) in Steel Industry?

Gerdau SA ADR (GGB) leads the Steel industry with an overall score of 67. GGB is up 20.18% so far this year after the company closed yesterday at $5.48. The overall score measures the company's performance based-off both short and long term indicators and means that GGB scores better than 67% of the overall market.

Overall Score - 67
GGB has an Overall Score of 67. Find out what this means to you and get the rest of the rankings on GGB!
Gerdau SA ADR is a strong performer in the Steel industry, which has an average overall score of 44. This means that, on average, the stocks in this industry score higher than 44% of the stock market.
To see InvestorsObserver's Sentiment Score for Gerdau SA ADR click here. GGB has been trading neutral recently. The stock is trading down -3.69% this week following yesterday's rise. GGB has an average analyst ranking of Strong Buy with an average price target of $7.15. Click Here to get the full Stock Report for Gerdau SA ADR stock.

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