Deutsche Bank set a €22.00 ($25.58) price target on ArcelorMittal (AMS:MT) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other analysts also recently weighed in on the company. Kepler Capital Markets set a €23.00 ($26.74) price target on ArcelorMittal and gave the company a buy rating in a research note on Wednesday, June 5th. Jefferies Financial Group started coverage on ADMA Biologics in a research note on Tuesday, June 4th. They set a buy rating and a $8.00 price target on the stock. Goldman Sachs Group started coverage on Taylor Wimpey in a research note on Wednesday, June 12th. They set a buy rating on the stock. JPMorgan Chase & Co. reiterated a buy rating and set a $69.00 price target on shares of Daimler in a research note on Friday, July 12th. Finally, UBS Group reiterated a hold rating and set a $130.00 price target on shares of Continental in a research note on Wednesday, May 15th. One investment analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of €28.28 ($32.88).
ArcelorMittal has a 1 year low of €17.72 ($20.60) and a 1 year 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 five segments: NAFTA, Brazil, Europe, ACIS, and Mining. The company produces finished and semi-finished steel products with various specifications.
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