ArcelorMittal SA (MT,) Upgraded at Royal Bank Of Canada
A number of other brokerages also recently weighed in on MT,. Goldman Sachs Group Inc. downgraded ArcelorMittal SA from a buy rating to a neutral rating in a report on Thursday, October 13th. RBC Capital Markets raised ArcelorMittal SA from a sector perform rating to an outperform rating in a report on Sunday. Bank of America Corp. downgraded ArcelorMittal SA from a buy rating to a neutral rating in a report on Tuesday, November 8th. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of ArcelorMittal SA in a report on Sunday, August 21st. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. ArcelorMittal SA has a consensus rating of Buy and a consensus price target of $5.48.
ArcelorMittal SA (NYSE:MT,) opened at 7.47 on Friday. ArcelorMittal SA has a 1-year low of $2.93 and a 1-year high of $7.69. The firm has a 50-day moving average price of $6.79 and a 200-day moving average price of $5.89. The firm’s market capitalization is $22.85 billion.
WARNING: This story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international copyright & trademark laws. The legal version of this story can be accessed at https://www.thecerbatgem.com/2016/11/30/arcelormittal-sa-mt-upgraded-at-royal-bank-of-canada.html.
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.
Receive News & Stock Ratings for ArcelorMittal SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ArcelorMittal SA and related stocks with our FREE daily email newsletter.