Credit Suisse Upgraded Ternium S.A (TX)’s Rating From “Neutral” To “Outperform”.

May 16, 2018 - By Rhonda Roth

Ternium S.A. (NYSE:TX) Corporate Logo

Credit Suisse Increased Ternium S.A (TX)’s Rating to “Outperform”.

The new “Outperform” rating of TX was reported in a report. Credit Suisse increased the rating from “Neutral” on 15 May.

TX touched $41.325 during the last trading session after $0.885 change.Currently Ternium S.A. is uptrending after 22.18% change in last May 16, 2017. TX has 344,536 shares volume. TX outperformed by 10.63% the S&P500.

Ternium S.A. (NYSE:TX) is awaited to announce earnings on August, 7., Faxor reports. Analysts forecast 37.01 % diference or $1.74 from the $1.27 EPS from 2017. TX’s profit could be $341.56 million if the current EPS of $1.74 is accurate. After $1.87 EPS report previous quarter, Wall Street now predicts -6.95 % negative EPS growth of Ternium S.A..

Ternium S.A., through its subsidiaries, makes 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.The firm is valued at $8.11 billion. It operates in two divisions, Steel and Mining.9.15 is the P/E ratio. The Steel segment offers steel products, including slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, and roll formed products, as well as other products, such as pig iron.

For more Ternium S.A. (NYSE:TX) news brought out briefly go to: Seekingalpha.com, Globenewswire.com, Benzinga.com, Finance.Yahoo.com or Globenewswire.com. The titles are as follows: “Stronger Than Steel And Cheaper” brought out on May 10, 2018, “Ternium Announces First Quarter 2018 Results” on April 25, 2018, “Benzinga’s Top Upgrades, Downgrades For May 15, 2018” with a publish date: May 15, 2018, “Only 3 Days Left To Cash In On Ternium SA. (NYSE:TX) Dividend, Is It Worth Buying?” and the last “Ternium Files 2017 Form 20-F” with publication date: April 24, 2018.

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