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Gerdau S.a. (GGB) [hlAlert]

Rating:
Buy GGB
down 76.27 %

Gerdau S.a. (GGB) rated Buy by BofA/Merrill

Posted on: Monday,  Feb 24, 2014  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Gerdau S.a. (NYSE: GGB) on 02/24/2014, when the stock price was $6.49. Since
then, Gerdau S.a. has lost 76.27% as of 08/27/2015's recent price of $1.54.
If you would have followed this BofA/Merrill's recommendation on GGB, you would have lost 76.27% of your investment in 549 days.

GERDAU S.A. throughout its 101 years of activities, they are largest long steel producer in Latin America, and have made an important contribution in building the history of the Brazilian industry. Gerdau Group dedicates itself to meeting the growing demands of several dynamic industries involved in the production of goods and in the development of the economy. Gerdau steel is used in construction and industry as well as in the automotive and agricultural sectors.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2014 8:25 AM Buy
None
6.49
as of 10/17/2014
1 Week up  0.87 %
1 Month down  -13.85 %
3 Months down  -24.46 %
1 YTD down  -29.12 %

(*) Stock Price at the time of the recommendation.
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