Several investment firms have updated their stock ratings and price targets on shares of ArcelorMittal (EPA: MT) in the last week:

  • ArcelorMittal had its “restricted” rating reaffirmed by analysts at HSBC. They now have a $17.95 (€14) price target on the stock.
  • ArcelorMittal had its “buy” rating reaffirmed by analysts at AlphaValue. They now have a $23.97 (€19) price target on the stock.
  • ArcelorMittal had its “hold” rating reaffirmed by analysts at Societe Generale. They now have a $15.38 (€12) price target on the stock.
  • ArcelorMittal had its “buy” rating reaffirmed by analysts at Rabobank International. They now have a $16.67 (€13) price target on the stock.
  • ArcelorMittal had its “buy” rating reaffirmed by analysts at Bankia Bolsa. They now have a $24.23 (€19) price target on the stock.
  • ArcelorMittal had its “overweight” rating reaffirmed by analysts at JPMorgan Chase. They now have a $19.48 (€15) price target on the stock.
  • ArcelorMittal had its “sell” rating reaffirmed by analysts at Main First Bank AG. They now have a $11.69 (€9) price target on the stock.
  • ArcelorMittal is now covered by analysts at VTB Capital. They set a “buy” rating and a $27.14 (€21) price target on the stock.

Shares of ArcelorMittal opened at 11.575 on Wednesday. ArcelorMittal has a 52 week low of €10.595 and a 52 week high of €17.96.

ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. In 2011, the Company had crude steel production of 91.