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Companhia Siderúrgica Nacional (SID) Stock Forecast & Price Target

Companhia Siderúrgica Nacional logo
$1.98 -0.03 (-1.24%)
(As of 01:15 PM ET)

Companhia Siderúrgica Nacional - 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

Sell
2
Hold
0
Buy
0

Based on 2 Wall Street analysts who have issued ratings for Companhia Siderúrgica Nacional in the last 12 months, the stock has a consensus rating of "Sell." Out of the 2 analysts, 2 have given a sell rating for SID.

Consensus Price Target

$2.95
48.61% Upside
According to the 2 analysts' twelve-month price targets for Companhia Siderúrgica Nacional, the average price target is $2.95. The highest price target for SID is $3.00, while the lowest price target for SID is $2.90. The average price target represents a forecasted upside of 48.61% from the current price of $1.99.
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SID Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$2.95$2.95$2.95$3.20
Forecasted Upside48.61% Upside38.50% Upside38.17% Upside-2.29% Downside
Consensus Rating
Sell
Sell
Sell
Reduce

SID 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.
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SID 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.
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Companhia Siderúrgica Nacional Stock vs. The Competition

TypeCompanhia Siderúrgica NacionalBasic Materials CompaniesS&P 500
Consensus Rating Score
1.00
2.76
2.50
Consensus RatingSellModerate BuyModerate Buy
Predicted Upside49.37% Upside126.49% Upside6.48% Upside
News Sentiment Rating
Negative News

See Recent SID News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/9/2024Bank of America
4 of 5 stars
 DowngradeNeutral ➝ Underperform$3.90 ➝ $2.90-5.07%
4/4/2024Itau BBA Securities
2 of 5 stars
 Reiterated RatingMarket Perform ➝ Underperform$3.00-0.99%
6/30/2023JPMorgan Chase & Co.
3 of 5 stars
 DowngradeOverweight ➝ Neutral
4/14/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Sell

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:34 PM ET.


SID Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Companhia Siderúrgica Nacional is $2.95, with a high forecast of $3.00 and a low forecast of $2.90.

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Companhia Siderúrgica Nacional in the last twelve months. There are currently 2 sell ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" SID shares.

According to analysts, Companhia Siderúrgica Nacional's stock has a predicted upside of 48.61% based on their 12-month stock forecasts.

Analysts like Companhia Siderúrgica Nacional less than other "basic materials" companies. The consensus rating for Companhia Siderúrgica Nacional is Sell while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how SID compares to other companies.


This page (NYSE:SID) was last updated on 11/27/2024 by MarketBeat.com Staff
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