What 5 Analyst Ratings Have To Say About Steel Dynamics
Portfolio Pulse from Benzinga Insights
In the last quarter, 5 analysts rated Steel Dynamics (NASDAQ:STLD) with an average price target of $102.8, a 9.82% decrease from the previous average price target of $114. The current price of Steel Dynamics is $102.43.
June 21, 2023 | 3:01 pm
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NEUTRAL IMPACT
5 analysts rated Steel Dynamics (NASDAQ:STLD) with an average price target of $102.8, a 9.82% decrease from the previous average price target of $114. The current price of Steel Dynamics is $102.43.
The average price target of $102.8 for Steel Dynamics (STLD) is close to its current price of $102.43, indicating a neutral short-term impact on the stock price. The decrease in the average price target from $114 to $102.8 suggests that analysts have become less bullish on the stock, but the overall ratings still show a mix of somewhat bullish and indifferent opinions. This analysis is based on the ratings provided by the 5 analysts in the last quarter.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100