ArcelorMittal (AMS:MT) has been assigned a €33.00 ($38.82) price target by research analysts at Deutsche Bank AG in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 33.33% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Jefferies Group LLC set a €32.00 ($37.65) price objective on ArcelorMittal and gave the company a “buy” rating in a research report on Monday, November 13th. Citigroup Inc. set a €30.00 ($35.29) price objective on ArcelorMittal and gave the company a “buy” rating in a research report on Monday, November 13th. Royal Bank Of Canada set a €32.00 ($37.65) price objective on ArcelorMittal and gave the company a “buy” rating in a research report on Tuesday, August 15th. S&P Global set a €27.00 ($31.76) price objective on ArcelorMittal and gave the company a “neutral” rating in a research report on Monday, November 13th. Finally, Barclays PLC set a €17.00 ($20.00) price target on ArcelorMittal and gave the stock a “sell” rating in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the stock. ArcelorMittal currently has an average rating of “Buy” and an average target price of €28.16 ($33.13).

ArcelorMittal (AMS:MT) opened at €24.75 ($29.12) on Tuesday. ArcelorMittal has a twelve month low of €17.72 ($20.85) and a twelve month high of €25.91 ($30.48).

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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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