Goldman Sachs Group Analysts Give ArcelorMittal (MT) a €35.50 Price Target

Goldman Sachs Group set a €35.50 ($41.28) target price on ArcelorMittal (AMS:MT) in a research report released on Thursday morning. The firm currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. Deutsche Bank set a €39.00 ($45.35) price target on ArcelorMittal and gave the stock a buy rating in a research report on Monday, July 16th. Societe Generale set a €44.40 ($51.63) price target on ArcelorMittal and gave the stock a buy rating in a research report on Tuesday, July 31st. Morgan Stanley set a €34.00 ($39.53) price target on ArcelorMittal and gave the stock a buy rating in a research report on Wednesday, October 24th. Citigroup set a €40.00 ($46.51) price target on ArcelorMittal and gave the stock a buy rating in a research report on Tuesday, July 10th. Finally, Jefferies Financial Group set a €37.00 ($43.02) price target on ArcelorMittal and gave the stock a buy rating in a research report on Monday, July 16th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of €34.93 ($40.62).

Shares of ArcelorMittal stock opened at €26.65 ($30.99) on Thursday. ArcelorMittal has a 12 month low of €17.72 ($20.60) and a 12 month 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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