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Gerdau S.a. (GGB) [hlAlert]

Rating:
Buy GGB
down 72.88 %

Gerdau S.a. (GGB) rated Buy with price target $2.30 by Goldman

Posted on: Monday,  Aug 10, 2015  10:25 AM ET by Goldman

Goldman rated Buy Gerdau S.a. (NYSE: GGB) on 08/10/2015. Previously Goldman rated Buy Gerdau S.a. (NYSE: GGB) on 06/27/2013., when
the stock price was $5.68. Since then, Gerdau S.a. has lost 72.89% as of 08/27/2015's recent price of $1.54.
If you would have followed the previous Goldman's recommendation on GGB, you would have lost 72.88% of your investment in 791 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.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2015 10:25 AM Buy
None
1.73 2.30
as of 8/27/2015
1 Week down  -1.28 %
1 Month down  -40.31 %
3 Months down  -54.02 %
1 YTD down  -80.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/27/2013 8:25 AM Buy
None
5.68

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