ArcelorMittal SA (NYSE:MT,) was downgraded by research analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a research note issued on Thursday.

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of ArcelorMittal SA in a research note on Sunday, August 21st. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. ArcelorMittal SA presently has a consensus rating of “Buy” and a consensus target price of $5.48.

Analyst Recommendations for ArcelorMittal SA (NYSE:MT,)

ArcelorMittal SA (NYSE:MT,) traded down 2.69% on Thursday, reaching $6.15. 15,837,219 shares of the company’s stock traded hands. ArcelorMittal SA has a 52-week low of $2.93 and a 52-week high of $6.59. The firm’s market capitalization is $18.81 billion. The firm’s 50 day moving average price is $6.00 and its 200 day moving average price is $5.50.

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ArcelorMittal SA Company Profile

ArcelorMittal SA (ArcelorMittal) is a holding company. The Company is an integrated steel and mining company. ArcelorMittal operates through five segments: NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment produces flat, long and tubular products.

5 Day Chart for NYSE:MT,

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