ArcelorMittal (MT) Given a €25.00 Price Target by Deutsche Bank Analysts

ArcelorMittal (AMS:MT) received a €25.00 ($29.07) price target from Deutsche Bank in a report released on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.

Several other research analysts have also recently weighed in on MT. Jefferies Financial Group set a €32.00 ($37.21) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research note on Monday, February 11th. Goldman Sachs Group set a €22.50 ($26.16) price target on shares of ArcelorMittal and gave the stock a “neutral” rating in a research note on Thursday, January 31st. Oddo Bhf set a €26.00 ($30.23) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research note on Wednesday, January 23rd. JPMorgan Chase & Co. set a €26.50 ($30.81) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research note on Thursday, February 7th. Finally, UBS Group set a €23.00 ($26.74) price target on shares of ArcelorMittal and gave the stock a “neutral” rating in a research note on Wednesday, March 20th. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of €31.06 ($36.12).

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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