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

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ArcelorMittal (AMS:MT) has been given a €23.00 ($26.74) price target by research analysts at UBS Group in a note issued to investors on Wednesday, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the stock.

Several other equities research analysts also recently weighed in on MT. Goldman Sachs Group set a €23.00 ($26.74) price objective on shares of ArcelorMittal and gave the stock a “neutral” rating in a report on Friday, February 22nd. Oddo Bhf set a €26.00 ($30.23) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a report on Wednesday, January 23rd. JPMorgan Chase & Co. set a €26.50 ($30.81) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a report on Tuesday. Deutsche Bank set a €31.00 ($36.05) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a report on Thursday, January 10th. Finally, Kepler Capital Markets set a €30.00 ($34.88) price objective on shares of ArcelorMittal and gave the stock a “buy” rating in a report on Friday, March 15th. Two investment 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 a consensus rating of “Buy” and an average price target of €32.53 ($37.82).

ArcelorMittal has a 1-year low of €17.72 ($20.60) and a 1-year 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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