ArcelorMittal (MT) PT Set at €35.50 by Goldman Sachs Group

Goldman Sachs Group set a €35.50 ($41.28) target price on ArcelorMittal (AMS:MT) in a research note published on Wednesday morning. The brokerage currently has a buy rating on the stock.

MT has been the topic of several other research reports. UBS Group set a €25.00 ($29.07) price objective on shares of ArcelorMittal and gave the company a sell rating in a research report on Tuesday, October 16th. Cfra set a €37.00 ($43.02) price target on ArcelorMittal and gave the company a buy rating in a report on Friday, August 3rd. Societe Generale set a €44.40 ($51.63) price target on ArcelorMittal and gave the company a buy rating in a report on Tuesday, July 31st. Jefferies Financial Group set a €37.00 ($43.02) price target on ArcelorMittal and gave the company a buy rating in a report on Wednesday, August 1st. Finally, JPMorgan Chase & Co. set a €37.50 ($43.60) price target on ArcelorMittal and gave the company a buy rating in a report on Wednesday, August 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of €35.39 ($41.16).

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

About ArcelorMittal

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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