ArcelorMittal SA (EPA) (MT) Given a €38.00 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €38.00 ($44.19) price objective on ArcelorMittal SA (EPA) (AMS:MT) in a report published on Thursday, July 19th. The firm currently has a buy rating on the stock.

MT has been the subject of several other reports. JPMorgan Chase & Co. set a €37.50 ($43.60) price objective on shares of ArcelorMittal SA (EPA) and gave the stock a buy rating in a report on Tuesday, July 17th. Jefferies Financial Group set a €37.00 ($43.02) price objective on shares of ArcelorMittal SA (EPA) and gave the stock a buy rating in a report on Monday, July 16th. Deutsche Bank set a €39.00 ($45.35) price objective on shares of ArcelorMittal SA (EPA) and gave the stock a buy rating in a report on Monday, July 16th. Citigroup set a €40.00 ($46.51) target price on shares of ArcelorMittal SA (EPA) and gave the company a buy rating in a research note on Tuesday, July 10th. Finally, Kepler Capital Markets set a €36.00 ($41.86) target price on shares of ArcelorMittal SA (EPA) and gave the company a buy rating in a research note on Friday, July 6th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and fourteen have issued a buy rating to the company. ArcelorMittal SA (EPA) currently has a consensus rating of Buy and an average target price of €35.42 ($41.18).

ArcelorMittal SA (EPA) traded up €0.20 ($0.23), reaching €26.65 ($30.99), on Thursday, according to Marketbeat Ratings. 5,510,000 shares of the company traded hands, compared to its average volume of 6,070,000. ArcelorMittal SA has a 52-week low of €17.72 ($20.60) and a 52-week high of €30.76 ($35.77).

About ArcelorMittal SA (EPA)

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 SA (EPA) (AMS:MT)

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