Gerdau S.A. Ranked 44th Among Major Mining Stocks

A recent study of analyst recommendations from major brokerages places Gerdau S.A. (Symbol: GGB) at #44 out of the 50 stocks in the Metals Channel Global Mining Titans Index, according to Metals Channel. This index features top global companies in the metals and mining sector. The list is dynamic, adjusting continuously to reflect changes in commodity prices, government policies, and overall market conditions.

To establish this ranking, analysts’ opinions from leading brokerage firms were compiled and averaged. The components of the Metals Channel Global Mining Titans Index were then arranged based on those averages. Investors often interpret these ratings diversely. A low analyst rank does not automatically indicate that the stock will perform poorly. Conversely, a bullish investor might view a low rank as a sign of potential upside, as it suggests the stock is currently out of favor.

GGB operates within the Non-Precious Metals & Non-Metallic Mining sector. Its peers include Southern Copper Corp (SCCO), which increased by approximately 0.5% today, and Howmet Aerospace Inc (HWM), which is down by around 0.8%. Below is a three-month price history chart that compares the stock performances of GGB, SCCO, and HWM.

Currently, GGB is trading down about 1% as of midday Friday.

Analyst Favorites of the Metals Channel Global Mining Titans Index »

Explore More:

• Top Stocks Held By Victor Mashaal
• Funds Holding KTF
• UCO Videos

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.