Separately, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of ArcelorMittal SA in a research report on Sunday, August 21st. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus target price of $5.48.
Shares of ArcelorMittal SA (NYSE:MT,) opened at 6.25 on Thursday. The firm’s market cap is $19.11 billion. The company’s 50 day moving average price is $6.01 and its 200-day moving average price is $5.54. ArcelorMittal SA has a 12-month low of $2.93 and a 12-month high of $6.59.
About ArcelorMittal SA
ArcelorMittal SA (ArcelorMittal) is a holding company. The Company is an integrated steel and mining company. ArcelorMittal operates through five segments: NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment produces flat, long and tubular products.
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