Royal Bank Of Canada upgraded shares of ArcelorMittal SA (NYSE:MT,) from a sector perform rating to an outperform rating in a report issued on Friday.
Several other research analysts have also commented on MT,. JPMorgan Chase & Co. reissued a neutral rating on shares of ArcelorMittal SA in a research note on Sunday, August 21st. Bank of America Corp. lowered shares of ArcelorMittal SA from a buy rating to a neutral rating in a research note on Tuesday, November 8th. RBC Capital Markets raised shares of ArcelorMittal SA from a sector perform rating to an outperform rating in a research note on Sunday. Finally, Goldman Sachs Group Inc. downgraded shares of ArcelorMittal SA from a buy rating to a neutral rating in a research note on Thursday, October 13th. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of Buy and an average target price of $5.48.
ArcelorMittal SA (NYSE:MT,) opened at 7.61 on Friday. ArcelorMittal SA has a 52 week low of $2.93 and a 52 week high of $7.69. The firm’s market cap is $23.28 billion. The firm’s 50-day moving average is $6.76 and its 200-day moving average is $5.85.
About ArcelorMittal SA