AlphaValue Reaffirms Buy Rating on ArcelorMittal (MT)
ArcelorMittal traded up 0.97% on Thursday, hitting €12.475. ArcelorMittal has a 1-year low of €10.595 and a 1-year high of €17.96.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nord/LB reiterated a “sell” rating on shares of ArcelorMittal in a research note to investors on Wednesday. They now have a $13.16 price target on the stock. Separately, analysts at VTB Capital initiated coverage on shares of ArcelorMittal in a research note to investors on Tuesday, October 9th. They set a “buy” rating and a $27.14 price target on the stock. Finally, analysts at Main First Bank AG reiterated a “sell” rating on shares of ArcelorMittal in a research note to investors on Monday, October 8th. They now have a $11.69 price target on the stock.
ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. In 2011, the Company had crude steel production of 91.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.