Ternium (TX) Stock Forecast & Price Target

$35.44 -1.10 (-3.01%)

(As of 11/8/2024 ET)

Ternium - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 3 Analyst Ratings

Sell
0

Hold
0

Buy
3

Based on 3 Wall Street analysts who have issued ratings for Ternium in the last 12 months, the stock has a consensus rating of "Buy." Out of the 3 analysts, 3 have given a buy rating for TX.

Consensus Price Target

$52.33
47.67% Upside

According to the 3 analysts' twelve-month price targets for Ternium, the average price target is $52.33. The highest price target for TX is $56.00, while the lowest price target for TX is $47.00. The average price target represents a forecasted upside of 47.67% from the current price of $35.44.

Get the Latest News and Ratings for TX and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Ternium and its competitors.

TX Analyst Ratings Over Time

Type	Current Forecast 11/9/23 to 11/8/24	1 Month Ago 10/10/23 to 10/9/24	3 Months Ago 8/11/23 to 8/10/24	1 Year Ago 11/9/22 to 11/9/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$52.33	$52.33	$52.33	$47.36
Forecasted Upside	47.67% Upside	47.05% Upside	53.61% Upside	30.97% Upside
Consensus Rating	Buy	Buy	Buy	Moderate Buy

I was wrong. Dead wrong. (Ad)

I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

Here’s the full story for you.

TX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Ternium Stock vs. The Competition

Type	Ternium	Basic Materials Companies	S&P 500
Consensus Rating Score	3.00	2.75	2.50
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside	43.22% Upside	115.17% Upside	7.40% Upside
News Sentiment Rating	Neutral News See Recent TX News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/28/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$54.00 ➝ $56.00	+29.78%
4/4/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$49.00 ➝ $54.00	+29.43%
11/20/2023	Bank of America 4 of 5 stars		Upgrade	Neutral ➝ Buy	$47.00	+27.68%
3/9/2023	Itau BBA Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$40.00 ➝ $49.00	+8.84%
3/6/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$34.00 ➝ $52.00	+15.56%
2/16/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$43.00 ➝ $45.00	+9.76%
2/1/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$50.00	+23.92%
11/28/2022	Grupo Santander Subscribe to MarketBeat All Access for the recommendation accuracy rating	Rafael Barcellos Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$45.00 ➝ $35.00	+15.63%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:25 PM ET.

TX Forecast - Frequently Asked Questions

: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Ternium is $52.33, with a high forecast of $56.00 and a low forecast of $47.00.
: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TX shares.
: According to analysts, Ternium's stock has a predicted upside of 47.67% based on their 12-month stock forecasts.
: Analysts like Ternium more than other "basic materials" companies. The consensus rating for Ternium is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how TX compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

I was wrong. Dead wrong. (Ad)

I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

Here’s the full story for you.

This page (NYSE:TX) was last updated on 11/8/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Ternium (TX) Stock Forecast & Price Target