Commercial Metals (CMC) June 50 straddle priced into quarter results
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BofA Securities Reiterates Buy Rating on Commercial Metals Company (CMC)
June 21, 2024 5:39 AM EDTBofA Securities analyst Lawson Winder reiterated a Buy rating and $70.00 price target on Commercial Metals Company (NYSE: CMC).
The analyst comments "Commercial Metals (CMC) fiscal year (FY) Q324 adjusted (core) EBITDA was in-line with Bloomberg consensus and BofAe, and modestly above Visible Alpha (VA) consensus. North America (NA) steel segment... More
BMO Capital Reiterates Market Perform Rating on Commercial Metals Company (CMC)
June 20, 2024 8:03 AM EDTBMO Capital analyst Katja Jancic reiterated a Market Perform rating and $60.00 price target on Commercial Metals Company (NYSE: CMC).
The analyst comments "CMC reported Q3/FY24 (March-May) core EBITDA of $256m, vs. our/consensus of $252m/$249m. Versus our estimate the beat can... More
Citi Reiterates Neutral Rating on Commercial Metals Company (CMC)
June 20, 2024 8:03 AM EDTCiti analyst Alexander Hacking reiterated a Neutral rating and $60.00 price target on Commercial Metals Company (NYSE: CMC).
The analyst comments "CMC reported FQ3 Core EBITDA of $256m vs Citi $238m and Bloomberg consensus $256m. Guidance is for flattish in FQ4,... More
