Commercial Metals (CMC) June 50 straddle priced into quarter results
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June 21, 2024 5:39 AM EDT
BofA 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
June 20, 2024 8:03 AM EDT
BMO 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
June 20, 2024 8:03 AM EDT
Citi 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
