A number of stock research firms have changed their ratings and price targets for ArcelorMittal (EPA: MT) during the last seven days:

  • ArcelorMittal had its “restricted” rating reaffirmed by analysts at HSBC.
  • ArcelorMittal had its “buy” rating reaffirmed by analysts at AlphaValue. They now have a $23.97 (€18) 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 (ESN). They now have a $24.23 (€19) price target on the stock.

Shares of ArcelorMittal opened at 11.235 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.