ArcelorMittal Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for ArcelorMittal Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/10/2025 | Buy Now | — | Goldman Sachs | Matt Greene64% | $29 → $31.7 | Upgrade | Neutral → Buy | Get Alert |
03/26/2025 | Buy Now | — | Jefferies | Cole Hathorn1% | → $36.2 | Downgrade | Buy → Hold | Get Alert |
10/11/2024 | Buy Now | — | JP Morgan | Dominic O'Kane8% | — | Downgrade | Overweight → Neutral | Get Alert |
08/28/2024 | Buy Now | — | Deutsche Bank | Bastian Synagowitz65% | $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 | — | Deutsche Bank | Bastian Synagowitz65% | $30 → $29 | Maintains | Hold | Get Alert |
05/09/2024 | Buy Now | — | Goldman Sachs | Matt Greene64% | → $29.6 | Initiates | → Neutral | Get Alert |
04/16/2024 | Buy Now | — | Deutsche Bank | Bastian Synagowitz65% | $34 → $31 | Downgrade | Buy → Hold | Get Alert |
12/12/2023 | Buy Now | — | JP Morgan | Luke Nelson45% | — | 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 Jones36% | — | 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 | — | Deutsche Bank | Bastian Synagowitz65% | $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 Jones36% | — | Downgrade | Buy → Neutral | Get Alert |
07/07/2022 | Buy Now | — | Deutsche Bank | Bastian Synagowitz65% | $53 → $39 | Maintains | Buy | Get Alert |
The latest price target for ArcelorMittal (NYSE:MT) was reported by Goldman Sachs on April 10, 2025. The analyst firm set a price target for $31.70 expecting MT to rise to within 12 months (a possible 1.25% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for ArcelorMittal (NYSE:MT) was provided by Goldman Sachs, and ArcelorMittal upgraded their buy rating.
The last upgrade for ArcelorMittal SA happened on April 10, 2025 when Goldman Sachs raised their price target to $31.7. Goldman Sachs previously had a neutral for ArcelorMittal SA.
The last downgrade for ArcelorMittal SA happened on March 26, 2025 when Jefferies changed their price target from N/A to $36.2 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 April 10, 2025 so you should expect the next rating to be made available sometime around April 10, 2026.
While ratings are subjective and will change, the latest ArcelorMittal (MT) rating was a upgraded with a price target of $29.00 to $31.70. The current price ArcelorMittal (MT) is trading at is $31.31, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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