UBS maintains GERDAU PN N1 at 'neutral' with a price target of R$31.00

An analyst from UBS maintained GERDAU PN N1 (BVMF: GGBR4 ) at 'neutral' with a price target of R$31.00 from a prior price target of R$34.00.
Prior to this rating, GERDAU PN N1 had 11 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 $25.42. They are up 4.52% in the last month and up 28.69% in the last 12 months.
According to Investing Pro, GERDAU PN N1's fair value is $32.18, an upside of 26.59%. 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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