JP Morgan Raises Commercial Metals' Price Target to $54.00, Maintains Neutral Rating

JP Morgan analyst Bill Peterson maintained a "Neutral" rating for Commercial Metals (CMC) with a raised price target from $52.00 to $54.00, marking a 3.85% increase. The average target price for CMC is $55.36 with a high estimate of $67.00 and a low estimate of $47.00, indicating a 7.17% upside from the current price. The average brokerage recommendation is 2.6, indicating a "Hold" status.

Commercial Metals Company (CMC) stock experienced a slight adjustment in its analyst ratings and price targets in the latest quarterly reports. JP Morgan analyst Bill Peterson maintained a "Neutral" rating for the stock, raising the price target from $52.00 to $54.00, a 3.85% increase. This update reflects a cautious yet optimistic view on the company's future prospects.

The average price target for CMC has risen to $55.36, with a high estimate of $67.00 and a low estimate of $47.00. This indicates a potential 7.17% upside from the current stock price. The average brokerage recommendation for CMC stands at 2.6, which is classified as a "Hold" status, reflecting a balanced view among analysts.

Analysts from various firms have provided a diverse set of opinions on CMC over the past quarter. While some maintain a neutral stance, others have expressed varying degrees of optimism or caution. The consensus among analysts is that CMC's stock price has room for growth, with a significant number of analysts expecting the stock to perform well in the short term.

The recent trading activity for CMC has shown mixed signals. The stock price has fallen by 1.78% on Tuesday, July 15, 2025, from $51.83 to $50.91. However, the stock has shown resilience, rising in 6 of the last 10 days and increasing by 4.15% since May 27, 2025. The trading volume has also been relatively high, with approximately 692 thousand shares traded on Tuesday.

The current stock price of $50.91 is supported by accumulated volume at $49.21, which could provide a buying opportunity as the stock approaches this level. The stock is expected to rise 19.64% during the next three months, with a 90% probability of holding a price between $59.89 and $63.67 at the end of this period.

Investors should closely monitor CMC's stock price and trading activity, as well as any upcoming earnings reports or analyst updates, to make informed decisions. The company's strong financial health, as indicated by its net margin and return on equity, provides a solid foundation for its future growth prospects.

References:
[1] https://stockinvest.us/stock/CMC
[2] https://www.nasdaq.com/articles/deep-dive-commercial-metals-stock-analyst-perspectives-5-ratings