ArcelorMittal SA (MT,) Upgraded to “Outperform” by RBC Capital Markets
Other analysts have also issued reports about the company. JPMorgan Chase & Co. reissued a neutral rating on shares of ArcelorMittal SA in a report on Sunday, August 21st. Bank of America Corp. lowered ArcelorMittal SA from a buy rating to a neutral rating in a report on Tuesday, November 8th. Finally, Goldman Sachs Group Inc. lowered ArcelorMittal SA from a buy rating to a neutral rating in a report on Thursday, October 13th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. ArcelorMittal SA currently has a consensus rating of Buy and an average target price of $5.48.
ArcelorMittal SA (NYSE:MT,) opened at 7.61 on Friday. The stock’s 50 day moving average price is $6.76 and its 200-day moving average price is $5.85. The company’s market cap is $23.28 billion. ArcelorMittal SA has a 52 week low of $2.93 and a 52 week high of $7.69.
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ArcelorMittal SA Company Profile
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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