S&P Global set a €27.00 ($31.40) price target on ArcelorMittal (AMS:MT) in a research report report published on Monday. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts also recently commented on MT. Jefferies Group LLC set a €32.00 ($37.21) target price on ArcelorMittal and gave the company a buy rating in a report on Monday. Deutsche Bank AG set a €33.00 ($38.37) target price on ArcelorMittal and gave the company a buy rating in a report on Monday. Citigroup Inc. set a €30.00 ($34.88) target price on ArcelorMittal and gave the company a buy rating in a report on Monday. UBS AG set a €30.00 ($34.88) target price on ArcelorMittal and gave the company a buy rating in a report on Friday. Finally, Barclays PLC set a €17.00 ($19.77) target price on ArcelorMittal and gave the company a sell rating in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the stock. ArcelorMittal currently has a consensus rating of Buy and a consensus target price of €26.53 ($30.85).

ArcelorMittal (AMS MT) traded down €1.25 ($1.45) during trading on Monday, reaching €23.59 ($27.43). The company’s stock had a trading volume of 8,720,000 shares, compared to its average volume of 6,470,000. ArcelorMittal has a 12 month low of €17.72 ($20.60) and a 12 month high of €25.91 ($30.13).

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About ArcelorMittal

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 (AMS:MT)

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