Investment Analysts’ Weekly Ratings Changes for ArcelorMittal (MT)

Several brokerages have updated their recommendations and price targets on shares of ArcelorMittal (AMS: MT) in the last few weeks:

  • 10/29/2018 – ArcelorMittal was given a new €40.00 ($46.51) price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.
  • 10/24/2018 – ArcelorMittal was given a new €34.00 ($39.53) price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 10/19/2018 – ArcelorMittal was given a new €35.50 ($41.28) price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 10/18/2018 – ArcelorMittal was given a new €35.20 ($40.93) price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 10/16/2018 – ArcelorMittal was given a new €25.00 ($29.07) price target on by analysts at UBS Group AG. They now have a “sell” rating on the stock.
  • 10/12/2018 – ArcelorMittal was given a new €37.00 ($43.02) price target on by analysts at JPMorgan Chase & Co.. They now have a “buy” rating on the stock.
  • 10/11/2018 – ArcelorMittal was given a new €40.00 ($46.51) price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.

ArcelorMittal stock traded up €0.20 ($0.23) during mid-day trading on Wednesday, reaching €26.65 ($30.99). 5,510,000 shares of the stock traded hands, compared to its average volume of 6,070,000. ArcelorMittal SA has a 12-month low of €17.72 ($20.60) and a 12-month high of €30.76 ($35.77).

ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. It operates through NAFTA, Brazil, Europe, ACIS, and Mining segments. The company produces finished and semi-finished steel products with various specifications.

See Also: Preferred Stock

Receive News & Ratings for ArcelorMittal SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ArcelorMittal SA and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply