Shares of ArcelorMittal SA (AMS:MT) have been given a consensus recommendation of “Buy” by the eleven analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is €18.22 ($21.69).

MT has been the topic of a number of research reports. Barclays PLC set a €17.00 ($20.24) price objective on ArcelorMittal SA and gave the stock a “sell” rating in a report on Tuesday, August 8th. Berenberg Bank set a €11.50 ($13.69) price objective on ArcelorMittal SA and gave the stock a “buy” rating in a report on Monday, May 29th. Royal Bank Of Canada set a €32.00 ($38.10) price objective on ArcelorMittal SA and gave the stock a “buy” rating in a report on Tuesday, August 15th. S&P Global set a €7.00 ($8.33) price objective on ArcelorMittal SA and gave the stock a “neutral” rating in a report on Monday, May 29th. Finally, Deutsche Bank AG set a €8.00 ($9.52) price objective on ArcelorMittal SA and gave the stock a “neutral” rating in a report on Monday, May 29th.

Shares of ArcelorMittal SA (AMS MT) opened at 21.655 on Friday. ArcelorMittal SA has a 12-month low of €14.94 and a 12-month high of €26.52. The stock has a market capitalization of €22.09 billion and a P/E ratio of 6.814. The company has a 50-day moving average of €22.39 and a 200-day moving average of €21.67.

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About ArcelorMittal SA

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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