ArcelorMittal SA (EPA) (AMS:MT) has been assigned a €37.00 ($43.53) price objective by stock analysts at Cfra in a report issued on Friday. The firm currently has a “buy” rating on the stock. Cfra’s target price would indicate a potential upside of 38.84% from the company’s current price.
Other research analysts also recently issued research reports about the stock. Deutsche Bank set a €39.00 ($45.88) price target on shares of ArcelorMittal SA (EPA) and gave the stock a “buy” rating in a research note on Monday, July 16th. Societe Generale set a €44.40 ($52.24) price target on shares of ArcelorMittal SA (EPA) and gave the stock a “buy” rating in a research note on Tuesday. Citigroup set a €40.00 ($47.06) price target on shares of ArcelorMittal SA (EPA) and gave the stock a “buy” rating in a research note on Tuesday, July 10th. Goldman Sachs Group set a €38.00 ($44.71) price target on shares of ArcelorMittal SA (EPA) and gave the stock a “buy” rating in a research note on Thursday, May 17th. Finally, JPMorgan Chase & Co. set a €36.50 ($42.94) price target on shares of ArcelorMittal SA (EPA) and gave the stock a “buy” rating in a research note on Monday, April 30th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and fourteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of €35.42 ($41.67).
Get ArcelorMittal SA (EPA) alerts:AMS MT opened at €26.65 ($31.35) on Friday. ArcelorMittal SA has a one year low of €17.72 ($20.85) and a one year high of €30.76 ($36.19).
ArcelorMittal SA (EPA) Company Profile
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.
Featured Article: Leveraged Buyout (LBO) Explained
No comments:
Post a Comment