INSUBCONTINENT EXCLUSIVE:
BlackRock has strategically reduced its ownership in Usiminas (USIM5) to 4.928%, now holding 26.9 million class A preferred shares
The investment giant maintains its position purely for investment purposes, without seeking control changes or administrative
Despite this downturn, Morgan Stanley sees potential upside, upgrading their recommendation to overweight with a target price of R$9.7
($1.73).The stock currently trades below industry averages, presenting a unique opportunity for value investors
Cost reduction initiatives could address market concerns that previously drove the stock price down
Morgan Stanley believes investors have become overly pessimistic about potential gains from the blast furnace renovation project.The
Usiminas trades at an EV/EBITDA ratio of 4.8x for 2025, matching its historical average but sitting 23% below its weighted peer average
This suggests potential undervaluation compared to industry competitors.BlackRock Reduces Stake in Usiminas as Stock Faces 30% Annual
significant stock appreciation
The current market sentiment appears to undervalue potential operational improvements and cost-saving measures.The steel manufacturer faces
both challenges and opportunities ahead
fundamental improvements.BlackRock Reduces Stake in Usiminas as Stock Faces 30% Decline
