Commercial Metals Company (NYSE:CMC) gets upgraded to Outperform by Macquarie

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Analyst Ratings For Commercial Metals Company (NYSE:CMC)

Today, Commercial Metals Company (NYSE:CMC) stock received an upgrade by Macquarie from Neutral to Outperform.

There are 5 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Commercial Metals Company (NYSE:CMC) is Hold with a consensus target price of $21.50 per share, a potential 23.78% upside.

Some recent analyst ratings include

  • 3/22/2019-Commercial Metals Company (NYSE:CMC) gets upgraded to Outperform by Macquarie
  • 1/14/2019-Commercial Metals Company (NYSE:CMC) gets upgraded to Buy by Goldman Sachs Group with a price target of $21.00
  • 1/8/2019-Commercial Metals Company (NYSE:CMC) had its Hold rating reiterated by Seaport Global Securities
  • 1/8/2019-Commercial Metals Company (NYSE:CMC) has coverage initiated with a Market Perform ➝ Market Perform rating and $17.00 price target
  • On 1/16/2019 Mary A Lindsey, CFO, bought 1,000 with an average share price of $15.92 per share and the total transaction amounting to $15,920.00.
  • On 3/2/2018 Adam R Hickey, VP, sold 20,000 with an average share price of $25.85 per share and the total transaction amounting to $517,000.00.
  • On 2/26/2018 Adam R Hickey, CAO, sold 20,000 with an average share price of $25.50 per share and the total transaction amounting to $510,000.00.
  • On 1/18/2018 Tracy L Porter, EVP, sold 13,601 with an average share price of $25.04 per share and the total transaction amounting to $340,569.04.
  • On 1/16/2018 Tracy L Porter, EVP, sold 6,935 with an average share price of $25.14 per share and the total transaction amounting to $174,345.90.
  • On 7/26/2017 Melvin Ross Angeltvedt, Director, bought 15,000 with an average share price of $0.13 per share and the total transaction amounting to $1,950.00.
  • On 1/25/2017 Adam R Hickey, VP, sold 2,085 with an average share price of $20.85 per share and the total transaction amounting to $43,472.25.

About Commercial Metals Company (NYSE:CMC)
Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through four segments: Americas Recycling, Americas Mills, Americas Fabrication, and International Mill. The Americas Recycling segment processes and sells scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. The Americas Mills segment manufactures finished long steel products, including reinforcing bars (rebars), merchant bars, light structural products, and other special sections, as well as semi-finished billets for re-rolling and forging applications. This segment sells its products to the construction, service center, transportation, steel warehousing, fabrication, energy, petrochemical, and original equipment manufacturing industries. The Americas Fabrication segment offers fabricated steel products for use primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams. The International Mill segment manufactures rebars, merchant bars, and wire rods, as well as semi-finished billets; and sells fabricated rebars, fabricated meshes, assembled rebar cages, and other rebar by-products primarily to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.

Recent Trading Activity for Commercial Metals Company (NYSE:CMC)
Shares of Commercial Metals Company closed the previous trading session at 17,37 up +1,31 8,16 % with 17.46 shares trading hands.