ArcelorMittal (MT) Given a €30.00 Price Target at Kepler Capital Markets

ArcelorMittal (AMS:MT) has been given a €30.00 ($34.88) price objective by equities research analysts at Kepler Capital Markets in a research note issued on Friday. The firm currently has a “buy” rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Deutsche Bank set a €31.00 ($36.05) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Thursday, January 10th. Bank of America set a €35.00 ($40.70) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Wednesday, January 9th. Oddo Bhf set a €26.00 ($30.23) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Wednesday, January 23rd. Goldman Sachs Group set a €35.50 ($41.28) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Wednesday, November 28th. Finally, Jefferies Financial Group set a €39.00 ($45.35) target price on shares of ArcelorMittal and gave the stock a “buy” rating in a report on Wednesday, November 28th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of €32.53 ($37.82).

ArcelorMittal has a 12-month low of €17.72 ($20.60) and a 12-month high of €30.76 ($35.77).



About ArcelorMittal

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.

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Analyst Recommendations for ArcelorMittal (AMS:MT)

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