ArcelorMittal SA (AMS:MT) Given a €17.00 Price Target at Barclays PLC

Barclays PLC set a €17.00 ($20.00) price target on ArcelorMittal SA (AMS:MT) in a research report released on Tuesday, August 8th. The firm currently has a sell rating on the stock.

Several other equities research analysts also recently commented on the stock. Royal Bank Of Canada set a €31.00 ($36.47) price objective on shares of ArcelorMittal SA and gave the stock a buy rating in a research note on Thursday, May 25th. Goldman Sachs Group, Inc. (The) set a €9.50 ($11.18) price objective on shares of ArcelorMittal SA and gave the stock a buy rating in a research note on Saturday, May 20th. Nord/LB set a €27.00 ($31.76) price objective on shares of ArcelorMittal SA and gave the stock a buy rating in a research note on Monday, May 22nd. Deutsche Bank AG set a €8.00 ($9.41) price objective on shares of ArcelorMittal SA and gave the stock a neutral rating in a research note on Saturday, May 20th. Finally, Societe Generale set a €10.40 ($12.24) price objective on shares of ArcelorMittal SA and gave the stock a buy rating in a research note on Saturday, May 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of €18.22 ($21.43).

ArcelorMittal SA (AMS MT) opened at 22.20 on Tuesday. The stock has a market capitalization of €22.64 billion and a price-to-earnings ratio of 6.99. ArcelorMittal SA has a one year low of €14.62 and a one year high of €26.52. The company has a 50-day moving average of €21.72 and a 200-day moving average of €21.98.

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About ArcelorMittal SA

ArcelorMittal SA (ArcelorMittal) is a holding company. The Company, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia and Africa. ArcelorMittal operates through five segments, which include NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining.

Analyst Recommendations for ArcelorMittal SA (AMS:MT)

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