Other analysts have also recently issued reports about the company. Kepler Capital Markets set a €40.00 ($45.45) price objective on ArcelorMittal in a research note on Friday, October 22nd. UBS Group set a €35.00 ($39.77) price objective on ArcelorMittal in a research note on Thursday, November 4th. Jefferies Financial Group set a €41.00 ($46.59) price objective on ArcelorMittal in a research note on Monday, December 20th. The Goldman Sachs Group set a €45.00 ($51.14) price objective on ArcelorMittal in a research note on Thursday. Finally, Morgan Stanley set a €41.00 ($46.59) price objective on ArcelorMittal in a research note on Thursday, December 9th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of €40.56 ($46.09).
ArcelorMittal has a 52 week low of €17.72 ($20.14) and a 52 week high of €30.76 ($34.95).
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes.
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