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What is Wall Street's Target Price for Nucor Corporation (NUE) Stock Friday?

Friday, September 22, 2023 02:39 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Nucor Corporation (NUE) Stock Friday?

InvestorsObserver is giving Nucor Corporation (NUE) an Analyst Rating Rank of 18, meaning NUE is ranked higher by analysts than 18% of stocks. The average price target for NUE is $168.333 and analyst’s rate the stock as a Buy.

Overall Score - 3.4
Wall Street analysts are rating NUE a Buy today. Find out what this means to you and get the rest of the rankings on NUE!

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 Nucor Corporation Stock Today?

Nucor Corporation (NUE) stock has risen 1.01% while the S&P 500 has fallen -0.05% as of 2:38 PM on Friday, Sep 22. NUE is up $1.53 from the previous closing price of $151.54 on volume of 507,221 shares. Over the past year the S&P 500 is higher by 15.17% while NUE is up 40.62%. NUE earned $21.69 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.06. Click Here to get the full Stock Report for Nucor Corporation stock.

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