Morgan Stanley maintains GERDAU PN N1 at Equalweight

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Morgan Stanley maintains GERDAU PN N1 at Equalweight

A Morgan Stanley analyst maintained GERDAU PN N1 (BVMF: GGBR4) at Equalweight and a price target of $30.00 from a prior price target of R$31.00.

Prior to this rating, GERDAU PN N1 had 12 buy ratings, 5 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on GERDAU PN N1, click here. For more news on GERDAU PN N1, click here.

GERDAU PN N1's stock price closed at $25.67. They are up 5.29% in the last month and up 4.33% in the last 12 months.

According to Investing Pro, GERDAU PN N1's fair value is $31.91, an upside of 24.31%. GERDAU PN N1's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out GERDAU PN N1's recent earnings performance and financials here.

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