RBC Capital Markets upgraded shares of ArcelorMittal SA (NYSE:MT,) from a sector perform rating to an outperform rating in a report published on Sunday morning.
Several other equities analysts have also issued reports on MT,. JPMorgan Chase & Co. reissued a neutral rating on shares of ArcelorMittal SA in a report on Sunday, August 21st. Goldman Sachs Group Inc. lowered shares of ArcelorMittal SA from a buy rating to a neutral rating in a report on Thursday, October 13th. Finally, Bank of America Corp. lowered shares of ArcelorMittal SA from a buy rating to a neutral rating in a report on Tuesday, November 8th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $5.48.
ArcelorMittal SA (NYSE:MT,) opened at 7.61 on Friday. The stock’s 50 day moving average price is $6.76 and its 200 day moving average price is $5.85. ArcelorMittal SA has a 12-month low of $2.93 and a 12-month high of $7.69. The company’s market capitalization is $23.28 billion.
ArcelorMittal SA Company Profile