ArcelorMittal

MT

LU1598757687

Iron & Steel

Real-time Euronext Amsterdam Other stock markets 11:23:49 30/04/2024 BST			5-day change	1st Jan Change
23.77 ^EUR	-1.16%		+1.24%	-7.46%

04-29	CAC40: limited downturn, despite the beginnings of a rate cut	CF
04-29	CAC40: limited erosion, despite the beginnings of a rate cut	CF

ARCELORMITTAL : Goldman Sachs gives a Buy rating

December 08, 2022 at 12:57 pm

In a research note published by Geydar Mamedov, Goldman Sachs advises its customers to buy the stock. Previously set at EUR 25, the target price has been raised to EUR 26.

Latest news about ArcelorMittal

CAC40: limited downturn, despite the beginnings of a rate cut	04-29	CF
CAC40: limited erosion, despite the beginnings of a rate cut	04-29	CF
CAC40: France's rating maintained = non-event	04-29	CF
CAC40: starts the week slightly up, crosses the 8100 mark	04-29	CF
CAC 40: cautious rise ahead of a busy week	04-29	CF
The BHP-Anglo takeover saga takes an interesting turn	04-26
BHP is pursuing a slice and dice strategy for Anglo American	04-25
BHP eyeing a takeover of ailing Anglo American	04-25
ARCELORMITTAL : UBS gives a Buy rating	04-23	ZD
ArcelorMittal: secures $280 million in tax credits in Calvert	04-23	CF
ArcelorMittal's Electrical Steel Project Lands $281 Million Aid From US Government	04-22	MT
G-Tekt Enters into Licensing Agreement with ArcelorMittal	04-22	MT
ARCELORMITTAL : Barclays reiterates its Neutral rating	04-19	ZD
G-Tekt Corporation Enters into Licensing Agreement with ArcelorMittal, S.A	04-19	CI
ArcelorMittal Shares Decline Following Downgrade From Deutsche Bank	04-16	MT
Top Midday Decliners	04-16	MT
US Stocks Lacking Direction Prior to Powell Remarks, Investors Looking for Signs of Future Rate Cuts by Federal Reserve	04-16	MT
European Equities Close Sharply Lower in Tuesday Trading; IMF Cuts Growth Forecast for Euro Area, EU	04-16	MT
Deutsche Bank Downgrades ArcelorMittal to Hold From Buy, Price Target at $31	04-16	MT
ARCELORMITTAL : Deutsche Bank downgrades to 'hold	04-16	CF
ARCELORMITTAL : Reduced to Neutral by Deutsche Bank	04-16	ZD
ArcelorMittal: share price falls on downgrade	04-16	CF
U.S. Futures, European Stocks Drop	04-16	DJ
Goodbye to early rate cuts and rising crude oil prices punish the IBEX	04-16	RE
ARCELORMITTAL : Receives a Buy rating from JP Morgan	04-16	ZD

ArcelorMittal is No. 1 worldwide for steelmaking. Net sales break down by activity as follows: - sale of carbon flat steel (56.6%): spools of hot and cold rolled laminated steel, coated sheets, etc.; - sale of carbon long steel (20.7%): I-beams, concrete rounds, merchant steels, machine wire, saw wire, steel pilings, mass transit rails, special profiles, and wire drawing products; - sale of tubular products (3.2%); - sale of iron ore and coal (1.8%); - other (17.7%): primarily steel processing, distribution and trading. The group's products are primarily intended for the following sectors: automotive, household appliances, packaging and construction. Net sales are distributed geographically as follows: Germany (9.6%), Poland (6.5%), France (6.8%), Spain (5.8%), Europe (23.7%), United States (13%), Americas ( 25.4%), Asia and Africa (9.2%).

Sector

Iron & Steel

Calendar

02:00pm - Annual General Meeting

Related indices

CAC 40 , STOXX EUROPE 600 (EUR) , IBEX 35 , AEX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

ARCELORMITTAL : Integrating the FY23 results...with no impact on our forecasts

February 13, 2024 at 03:42 pm

ArcelorMittal : Appearances can be deceptive

May 10, 2023 at 10:58 am

More Strategies

Ratings for ArcelorMittal

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

25.77 USD

Average target price

34.2 USD

Spread / Average Target

+32.72%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-7.46%	21.11B
NUCOR CORPORATION	+0.69%	42.05B
TATA STEEL LIMITED	+18.24%	25.04B
POSCO HOLDINGS INC.	-18.52%	22.45B
STEEL DYNAMICS, INC.	+14.37%	21.33B
NIPPON STEEL CORPORATION	+9.63%	20.25B
JFE HOLDINGS, INC.	+7.93%	9.48B
CLEVELAND-CLIFFS INC.	-11.56%	8.59B
UNITED STATES STEEL CORPORATION	-24.03%	8.31B
STEEL AUTHORITY OF INDIA LIMITED	+32.79%	8.16B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : Goldman Sachs gives a Buy rating

Latest news about ArcelorMittal

Chart ArcelorMittal

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for ArcelorMittal

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Steel