ArcelorMittal (MT) Given a €33.00 Price Target by Deutsche Bank Analysts

ArcelorMittal (AMS:MT) has been assigned a €33.00 ($39.29) price objective by equities researchers at Deutsche Bank in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s target price would indicate a potential upside of 25.95% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Jefferies Group set a €32.00 ($38.10) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Monday, November 13th. Citigroup set a €30.00 ($35.71) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Monday, November 13th. Royal Bank Of Canada set a €32.00 ($38.10) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Morgan Stanley set a €27.60 ($32.86) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Tuesday, November 21st. Finally, Kepler Capital Markets set a €36.00 ($42.86) price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of €28.69 ($34.15).

ArcelorMittal (AMS MT) opened at €26.20 ($31.19) on Wednesday. ArcelorMittal has a 52-week low of €17.72 ($21.10) and a 52-week high of €26.27 ($31.27).

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://sportsperspectives.com/2017/12/08/arcelormittal-mt-given-a-33-00-price-target-by-deutsche-bank-analysts.html.

ArcelorMittal Company Profile

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 (AMS:MT)

Receive News & Ratings for ArcelorMittal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ArcelorMittal and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply