The latest price target for ArcelorMittal (NYSE:MT) was reported by Deutsche Bank on August 28, 2024. The analyst firm set a price target for $31.00 expecting MT to rise to within 12 months (a possible 32.42% upside). 7 analyst firms have reported ratings in the last year.

The latest analyst rating for ArcelorMittal (NYSE:MT) was provided by Deutsche Bank, and ArcelorMittal upgraded their buy rating.

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.

The last downgrade for ArcelorMittal SA happened on April 16, 2024 when Deutsche Bank changed their price target from $34 to $31 for ArcelorMittal SA.

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 August 28, 2024 so you should expect the next rating to be made available sometime around August 28, 2025.

While ratings are subjective and will change, the latest ArcelorMittal (MT) rating was a upgraded with a price target of $29.00 to $31.00. The current price ArcelorMittal (MT) is trading at is $23.41, which is out of the analyst’s predicted range.