Macquarie Research has upgraded Nucor Corporation (NYSE:NUE) from Underperform to Neutral in a report released on Monday April 24, 2017.

On 4/21/2017, Barclays Capital released a statement about Nucor Corporation (NYSE:NUE) bumped up the target price from $0.00 to $68.00 that suggested an upside of 0.14%.

Performance Chart

Nucor Corporation has a 52 week low of $44.81 and a 52 week high of $68.00 with a PE ratio of 18.42 Nucor Corporation’s market capitalization is currently $0.

Also covering Nucor Corporation's price target, a total of 15 analysts have released a ratings update on NUE. The one year target is $53.00 with three equity analysts rating the company a strong buy, four equity analysts rating the company a buy, 9 firms rating the stock a hold, 0 firms rating the company a underperform, and lastly one brokerage rating the company a sell.

Brief Synopsis On Nucor Corporation (NYSE:NUE)

Nucor Corporation (Nucor) manufactures Steel and steel products. The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three segments: steel mills, steel products and raw materials. The steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality). The steel products segment produces steel joists and joist girders, steel deck, fabricated concrete reinforcing steel and cold finished steel. The raw materials produces DRI; brokers ferrous and nonferrous metals, pig iron, HBI and DRI; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal. It also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI) and DRI.

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