Scotiabank Sticks to Its Buy Rating for Ternium SA (TX)

Tip Ranks
2025.11.06 14:00
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Scotiabank analyst Alfonso Salazar has reaffirmed a Buy rating for Ternium SA (TX) with a price target of $40.00. Salazar, who specializes in the Basic Materials sector, has an average return of 3.0% and a success rate of 60.66% on his stock recommendations. The consensus for Ternium SA among analysts is a Moderate Buy, with a price target consensus of $37.25.

In a report released today, Alfonso Salazar from Scotiabank maintained a Buy rating on Ternium SA, with a price target of $40.00.

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Salazar covers the Basic Materials sector, focusing on stocks such as Vale SA, Ternium SA, and FRESNILLO. According to TipRanks, Salazar has an average return of 3.0% and a 60.66% success rate on recommended stocks.

Ternium SA has an analyst consensus of Moderate Buy, with a price target consensus of $37.25.