Here’s how analysts see Commercial Metals Company (NYSE:CMC) after this past week.

June 20, 2017 - By Richard Conner

 Here's how analysts see Commercial Metals Company (NYSE:CMC) after this past week.
Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.13, from 1.02 in 2016Q3. It worsened, as 31 investors sold Commercial Metals Company shares while 84 reduced holdings. 39 funds opened positions while 63 raised stakes. 100.06 million shares or 0.40% more from 99.67 million shares in 2016Q3 were reported.
Gotham Asset Mngmt Limited Liability Corp stated it has 167,342 shares. Teacher Retirement Of Texas holds 0% or 9,183 shares in its portfolio. Lsv Asset Management, Illinois-based fund reported 6,000 shares. 3.98M were accumulated by Blackrock Institutional Trust Na. King Luther Cap Management Corp reported 224,265 shares. Arizona State Retirement reported 51,620 shares. Dimensional Fund Advisors Ltd Partnership holds 0.11% or 9.72 million shares in its portfolio. Tfs Capital Ltd Liability Corp invested in 0.09% or 15,207 shares. Richard Bernstein Advsrs Ltd Liability Corporation has invested 0.28% in Commercial Metals Company (NYSE:CMC). 136,311 were accumulated by Eam Lc. Burney has invested 0.02% in Commercial Metals Company (NYSE:CMC). Susquehanna International Group Llp has 0% invested in Commercial Metals Company (NYSE:CMC). 289,606 are owned by New York State Teachers Retirement. Jpmorgan Chase And holds 0.01% or 995,498 shares. Tudor Inv Corp Et Al invested 0.01% of its portfolio in Commercial Metals Company (NYSE:CMC).

Since January 25, 2017, it had 0 insider buys, and 1 insider sale for $43,472 activity. $43,472 worth of stock was sold by HICKEY ADAM R on Wednesday, January 25.

Commercial Metals Company (NYSE:CMC) Ratings Coverage

Among 12 analysts covering Commercial Metals (NYSE:CMC), 5 have Buy rating, 2 Sell and 5 Hold. Therefore 42% are positive. Commercial Metals had 25 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 9 by Jefferies. The stock of Commercial Metals Company (NYSE:CMC) has “Neutral” rating given on Thursday, January 19 by Citigroup. As per Wednesday, November 9, the company rating was upgraded by Citigroup. The stock of Commercial Metals Company (NYSE:CMC) earned “Sell” rating by CLSA on Monday, March 28. The firm has “Neutral” rating by Macquarie Research given on Monday, October 31. Bank of America downgraded the stock to “Neutral” rating in Thursday, June 8 report. Clarkson Platou downgraded Commercial Metals Company (NYSE:CMC) on Monday, June 27 to “Sell” rating. The firm has “Neutral” rating given on Wednesday, December 30 by JP Morgan. The company was maintained on Wednesday, September 16 by Jefferies. The rating was reinitiated by Jefferies with “Buy” on Wednesday, January 13. Below is a list of Commercial Metals Company (NYSE:CMC) latest ratings and price target changes.

13/06/2017 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
08/06/2017 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
25/05/2017 Broker: Jefferies Rating: Hold New Target: $19.00 Maintain
28/03/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade
19/01/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
05/01/2017 Broker: Deutsche Bank Rating: Buy New Target: $27.00 Initiates Coverage On

The stock increased 0.32% or $0.06 during the last trading session, reaching $18.77. About shares traded. Commercial Metals Company (NYSE:CMC) has risen 10.79% since June 20, 2016 and is uptrending. It has underperformed by 5.91% the S&P500.

Commercial Metals Company, together with its subsidiaries, makes, recycles and markets steel and metal products, related materials and services through a network. The company has market cap of $2.19 billion. The Company’s Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. It has a 30.01 P/E ratio. The Americas Mills segment consists of steel mills, commonly referred to as minimills that produce reinforcing bar , angles, flats and rounds.

More important recent Commercial Metals Company (NYSE:CMC) news were published by: Reuters.com which released: “BRIEF-Commercial Metals to sell CMC Cometals division” on June 13, 2017, also Nasdaq.com published article titled: “Commercial Metals to Sell Raw Materials Trading & Steel Units”, Streetinsider.com published: “Citi Upgrades Commercial Metals Company (CMC) to Buy; Section 232 Favors Long …” on June 13, 2017. More interesting news about Commercial Metals Company (NYSE:CMC) was released by: Prnewswire.com and their article: “Commercial Metals Company to Exit International Marketing and Distribution …” with publication date: June 13, 2017.

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