Goldman Sachs Group set a €29.50 ($35.12) price target on ArcelorMittal (AMS:MT) in a report published on Thursday morning. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. Jefferies Group set a €32.00 ($38.10) target price on ArcelorMittal and gave the company a buy rating in a research note on Monday, November 13th. Citigroup set a €30.00 ($35.71) target price on ArcelorMittal and gave the company a buy rating in a research note on Monday, November 13th. Royal Bank Of Canada set a €32.00 ($38.10) target price on ArcelorMittal and gave the company a buy rating in a research note on Tuesday, August 15th. Morgan Stanley set a €27.60 ($32.86) target price on ArcelorMittal and gave the company a buy rating in a research note on Tuesday, November 21st. Finally, S&P Global set a €27.00 ($32.14) target price on ArcelorMittal and gave the company a neutral rating in a research note on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have issued a buy rating to the company’s stock. ArcelorMittal currently has an average rating of Buy and an average target price of €28.69 ($34.15).

ArcelorMittal (AMS:MT) opened at €25.51 ($30.37) on Thursday. ArcelorMittal has a 1-year low of €17.72 ($21.10) and a 1-year high of €26.00 ($30.95).

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ArcelorMittal Company Profile

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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