ArcelorMittal (MT)
(Delayed Data from NYSE)
$23.97 USD
-0.39 (-1.60%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $23.98 +0.01 (0.04%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth F Momentum C VGM
ArcelorMittal (MT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$30.40 | $36.20 | $25.00 | 24.79% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for ArcelorMittal comes to $30.40. The forecasts range from a low of $25.00 to a high of $36.20. The average price target represents an increase of 24.79% from the last closing price of $24.36.
Analyst Price Targets (6 )
Broker Rating
ArcelorMittal currently has an average brokerage recommendation (ABR) of 1.65 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 1.85 a month ago based on 10 recommendations.
Of the 10 recommendations deriving the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 60% and 10% of all recommendations. A month ago, Strong Buy made up 50%, while Buy represented 10%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 5 | 4 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 4 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.65 | 1.65 | 1.85 | 2.05 | 2.17 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/22/2024 | KeyBanc Capital Markets | Philip Gibbs | Hold | Hold |
8/19/2024 | Not Identified | Not Identified | Hold | Strong Buy |
5/9/2024 | Goldman Sachs | Matthew Greene | Not Available | Hold |
4/19/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
4/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/8/2024 | UBS | Andrew Jones | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.65 |
ABR (Last week) | 1.65 |
# of Recs in ABR | 10 |
Average Target Price | $30.40 |
LT Growth Rate | 17.00% |
Industry | Steel - Producers |
Industry Rank by ABR | 151 of 253 |
Current Quarter EPS Est: | 0.62 |
MT FAQs
ArcelorMittal (MT) currently has an average brokerage recommendation (ABR) of 1.65 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms.
The average price target for ArcelorMittal (MT) is $30.40. The current on short-term price targets is based on 4 reports.
The forecasts for ArcelorMittal (MT) range from a low of $25 to a high of $36.2. The average price target represents a increase of $26.83 from the last closing price of $23.97.
The current UPSIDE for ArcelorMittal (MT) is 26.83%
Based on short-term price targets offered by six analysts, the average price target for ArcelorMittal comes to $30.40. The forecasts range from a low of $25.00 to a high of $36.20. The average price target represents an increase of 24.79% from the last closing price of $24.36.