Navigating 5 Analyst Ratings For Nucor
Portfolio Pulse from Benzinga Insights
Nucor (NYSE:NUE) has been analyzed by 5 analysts over the last quarter, with all ratings being 'Indifferent'. The average 12-month price target is $191.0, with a high of $200.00 and a low of $180.00. Recent analyst actions include JP Morgan lowering its target to $180.00 and BMO Capital lowering its target to $200.00. Nucor's financials show strong profitability and effective cost management despite a recent revenue decline.
June 11, 2024 | 6:00 pm
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NEUTRAL IMPACT
Nucor received 'Indifferent' ratings from 5 analysts, with an average 12-month price target of $191.0. Recent actions include JP Morgan lowering its target to $180.00 and BMO Capital lowering its target to $200.00.
The 'Indifferent' ratings from all 5 analysts suggest a neutral outlook for Nucor in the short term. The average price target of $191.0 indicates limited upside potential. Recent downgrades by JP Morgan and BMO Capital further support a neutral stance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100