The latest price target for Commercial Metals (NYSE:CMC) was reported by Jefferies on September 3, 2024. The analyst firm set a price target for $65.00 expecting CMC to rise to within 12 months (a possible 25.26% upside). 7 analyst firms have reported ratings in the last year.

The latest analyst rating for Commercial Metals (NYSE:CMC) was provided by Jefferies, and Commercial Metals initiated their buy rating.

The last upgrade for Commercial Metals Co happened on April 5, 2023 when B of A Securities raised their price target to $60. B of A Securities previously had a neutral for Commercial Metals Co.

The last downgrade for Commercial Metals Co happened on February 23, 2023 when Keybanc changed their price target from N/A to N/A for Commercial Metals Co.

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 September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 2025.

While ratings are subjective and will change, the latest Commercial Metals (CMC) rating was a initiated with a price target of $0.00 to $65.00. The current price Commercial Metals (CMC) is trading at is $51.89, which is within the analyst’s predicted range.