$31.79
0.210.66%
At close: -
$31.83
0.040.13%
After Hours: 9:29 AM EDT
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ArcelorMittal Analyst Ratings and Price Targets | NYSE:MT | Benzinga
ArcelorMittal SA has a consensus price target of $30.3 based on the ratings of 8 analysts. The high is $31 issued by Deutsche Bank on August 28, 2024. The low is $29.6 issued by Goldman Sachs on May 9, 2024. The 3 most-recent analyst ratings were released by Deutsche Bank, Deutsche Bank, and Goldman Sachs on August 28, 2024, August 2, 2024, and May 9, 2024, respectively. With an average price target of $29.87 between Deutsche Bank, Deutsche Bank, and Goldman Sachs, there's an implied -6.05% downside for ArcelorMittal SA from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Deutsche Bank
Goldman Sachs
1calculated from analyst ratings
Analyst Ratings for ArcelorMittal
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 10/11/2024 | Buy Now | — | JP Morgan | Dominic O'Kane8% | — | Downgrade | Overweight → Neutral | Get Alert |
| 08/28/2024 | Buy Now | -2.49% | Deutsche Bank | Bastian Synagowitz66% | $29 → $31 | Upgrade | Hold → Buy | Get Alert |
| 08/19/2024 | Buy Now | — | Barclays | Amos Fletcher67% | — | Upgrade | Equal-Weight → Overweight | Get Alert |
| 08/02/2024 | Buy Now | -8.78% | Deutsche Bank | Bastian Synagowitz66% | $30 → $29 | Maintains | Hold | Get Alert |
| 05/09/2024 | Buy Now | -6.89% | Goldman Sachs | Matt Greene1% | → $29.6 | Initiates | → Neutral | Get Alert |
| 04/16/2024 | Buy Now | -2.49% | Deutsche Bank | Bastian Synagowitz66% | $34 → $31 | Downgrade | Buy → Hold | Get Alert |
| 12/12/2023 | Buy Now | — | JP Morgan | Luke Nelson50% | — | Upgrade | Neutral → Overweight | Get Alert |
| 10/18/2023 | Buy Now | — | B of A Securities | Patrick Mann11% | — | Downgrade | Buy → Neutral | Get Alert |
| 04/03/2023 | Buy Now | — | Barclays | Amos Fletcher67% | — | Downgrade | Overweight → Equal-Weight | Get Alert |
| 03/29/2023 | Buy Now | — | UBS | Andrew Jones34% | — | Upgrade | Sell → Buy | Get Alert |
| 03/23/2023 | Buy Now | — | B of A Securities | Patrick Mann11% | — | Upgrade | Neutral → Buy | Get Alert |
| 02/10/2023 | Buy Now | 19.53% | Deutsche Bank | Bastian Synagowitz66% | $36 → $38 | Maintains | Buy | Get Alert |
| 12/14/2022 | Buy Now | — | B of A Securities | Jason Fairclough1% | — | Downgrade | Buy → Neutral | Get Alert |
| 10/06/2022 | Buy Now | — | UBS | Andrew Jones34% | — | Downgrade | Buy → Neutral | Get Alert |
| 07/07/2022 | Buy Now | 22.68% | Deutsche Bank | Bastian Synagowitz66% | $53 → $39 | Maintains | Buy | Get Alert |
FAQ
What is the target price for ArcelorMittal (MT) stock?
The latest price target for ArcelorMittal (NYSE:MT) was reported by JP Morgan on October 11, 2024. The analyst firm set a price target for $0.00 expecting MT to fall to within 12 months (a possible -100.00% downside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for ArcelorMittal (MT)?
The latest analyst rating for ArcelorMittal (NYSE:MT) was provided by JP Morgan, and ArcelorMittal downgraded their neutral rating.
When was the last upgrade for ArcelorMittal (MT)?
The last upgrade for ArcelorMittal SA happened on August 28, 2024 when Deutsche Bank raised their price target to $31. Deutsche Bank previously had a hold for ArcelorMittal SA.
When was the last downgrade for ArcelorMittal (MT)?
The last downgrade for ArcelorMittal SA happened on October 11, 2024 when JP Morgan changed their price target from N/A to N/A for ArcelorMittal SA.
When is the next analyst rating going to be posted or updated for ArcelorMittal (MT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ArcelorMittal, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ArcelorMittal was filed on October 11, 2024 so you should expect the next rating to be made available sometime around October 11, 2025.
Is the Analyst Rating ArcelorMittal (MT) correct?
While ratings are subjective and will change, the latest ArcelorMittal (MT) rating was a downgraded with a price target of $0.00 to $0.00. The current price ArcelorMittal (MT) is trading at is $31.83, which is out of the analyst’s predicted range.
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