ArcelorMittal SA (MT,) Downgraded to Neutral at Goldman Sachs Group Inc.
Separately, JPMorgan Chase & Co. reiterated a neutral rating on shares of ArcelorMittal SA in a research report on Sunday, August 21st. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. ArcelorMittal SA presently has a consensus rating of Buy and a consensus price target of $5.48.
ArcelorMittal SA (NYSE:MT,) traded up 0.634% on Thursday, hitting $6.189. The stock had a trading volume of 5,913,688 shares. The firm’s 50-day moving average is $6.00 and its 200-day moving average is $5.50. ArcelorMittal SA has a 52-week low of $2.93 and a 52-week high of $6.59. The company’s market cap is $18.92 billion.
About ArcelorMittal SA
ArcelorMittal SA (ArcelorMittal) is a holding company. The Company is an integrated steel and mining company. ArcelorMittal operates through five segments: NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment produces flat, long and tubular products.
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