ArcelorMittal (MT) PT Set at €23.00 by UBS Group

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UBS Group set a €23.00 ($26.74) price target on ArcelorMittal (AMS:MT) in a report published on Friday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

MT has been the topic of several other reports. JPMorgan Chase & Co. set a €26.50 ($30.81) target price on ArcelorMittal and gave the company a buy rating in a research note on Thursday. Goldman Sachs Group set a €22.50 ($26.16) target price on ArcelorMittal and gave the company a neutral rating in a research note on Thursday, January 31st. Jefferies Financial Group set a €32.00 ($37.21) target price on ArcelorMittal and gave the company a buy rating in a research note on Monday, February 4th. Cfra set a €27.00 ($31.40) target price on ArcelorMittal and gave the company a buy rating in a research note on Friday, November 2nd. Finally, Oddo Bhf set a €26.00 ($30.23) target price on ArcelorMittal and gave the company a buy rating in a research note on Wednesday, January 23rd. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of €32.89 ($38.25).

ArcelorMittal has a 52 week low of €17.72 ($20.60) and a 52 week high of €30.76 ($35.77).

ArcelorMittal 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.

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Analyst Recommendations for ArcelorMittal (AMS:MT)

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