ArcelorMittal (MT) Given a €36.00 Price Target by Citigroup Analysts

Citigroup set a €36.00 ($42.86) target price on ArcelorMittal (AMS:MT) in a report released on Tuesday morning. The firm currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on the company. Goldman Sachs Group set a €29.50 ($35.12) price target on ArcelorMittal and gave the company a buy rating in a research report on Tuesday. Deutsche Bank set a €33.00 ($39.29) price target on ArcelorMittal and gave the company a buy rating in a research report on Wednesday, December 6th. Kepler Capital Markets set a €36.00 ($42.86) price target on ArcelorMittal and gave the company a buy rating in a research report on Friday, December 1st. Morgan Stanley set a €27.60 ($32.86) price target on ArcelorMittal and gave the company a buy rating in a research report on Tuesday, November 21st. Finally, Societe Generale set a €32.20 ($38.33) price target on ArcelorMittal and gave the company a buy rating in a research report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average target price of €29.29 ($34.87).

ArcelorMittal (AMS:MT) opened at €30.63 ($36.46) on Tuesday. The firm has a market capitalization of $31,080.00 and a P/E ratio of 9.57. ArcelorMittal has a 12-month low of €17.72 ($21.10) and a 12-month high of €30.76 ($36.62).

ILLEGAL ACTIVITY WARNING: “ArcelorMittal (MT) Given a €36.00 Price Target by Citigroup Analysts” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this piece of content can be accessed at https://ledgergazette.com/2018/01/13/arcelormittal-mt-given-a-36-00-price-target-by-citigroup-analysts.html.

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)

Receive News & Ratings for ArcelorMittal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ArcelorMittal and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply