Shares of ArcelorMittal SA (AMS:MT) have been given a consensus recommendation of “Buy” by the ten ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is €16.64 ($18.91).

A number of brokerages have weighed in on MT. Royal Bank Of Canada set a €31.00 ($35.23) price target on ArcelorMittal SA and gave the company a “buy” rating in a research report on Thursday, May 25th. Goldman Sachs Group, Inc. (The) set a €9.50 ($10.80) price target on ArcelorMittal SA and gave the company a “buy” rating in a research report on Saturday, May 20th. Barclays PLC set a €5.50 ($6.25) price target on ArcelorMittal SA and gave the company a “sell” rating in a research report on Monday, May 29th. Nord/LB set a €27.00 ($30.68) price target on ArcelorMittal SA and gave the company a “buy” rating in a research report on Monday, May 22nd. Finally, Deutsche Bank AG set a €8.00 ($9.09) price target on ArcelorMittal SA and gave the company a “neutral” rating in a research report on Saturday, May 20th.

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ArcelorMittal SA (MT) opened at 20.90 on Tuesday. The firm has a 50-day moving average of €19.40 and a 200-day moving average of €22.08. ArcelorMittal SA has a 12-month low of €17.72 and a 12-month high of €22.23. The firm has a market cap of €21.31 billion and a P/E ratio of 6.93.

ArcelorMittal SA Company Profile

ArcelorMittal SA (ArcelorMittal) is a holding company. The Company, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia and Africa. ArcelorMittal operates through five segments, which include NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining.

Analyst Recommendations for ArcelorMittal SA (AMS:MT)

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