Engineering & Capital Goods News

Ternium S.A. Ternium S.A. – Consensus Indicates Potential 4.7% Upside

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Ternium S.A. Ternium S.A. found using ticker (TX) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 54 and 27 and has a mean target at 42.23. Given that the stocks previous close was at 40.32 this now indicates there is a potential upside of 4.7%. The 50 day moving average now sits at 38.47 while the 200 day moving average is 30.6. The market cap for the company is $7,674m. Company Website: http://www.ternium.com

Ternium S.A., through its subsidiaries, manufactures and processes various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates through two segments, Steel and Mining. The Steel segment offers slabs, billets and round bars, hot rolled flat products, merchant bars, reinforcing bars, stirrups and rods, tin plate and galvanized products, tubes, beams, insulated panels, roofing and cladding, roof tiles, steel decks, pre-engineered metal building systems, and pig iron products; and sells energy. The Mining segment sells iron ore and pellets. The company also provides medical and social, financial, scrap, and engineering and other services, as well as operates as a distribution company. It serves various companies and small businesses in the automotive, home appliance, construction, capital goods, container, food, and energy industries, as well as the heat, ventilation, and air conditioning sector. The company was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

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