ArcelorMittal (AMS:MT) Given a €15.00 Price Target by Jefferies Financial Group Analysts

Jefferies Financial Group set a €15.00 ($17.44) price target on ArcelorMittal (AMS:MT) in a research note published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

MT has been the subject of a number of other reports. Credit Suisse Group set a €29.00 ($33.72) price objective on ArcelorMittal and gave the company a buy rating in a report on Monday, February 10th. Deutsche Bank set a €19.00 ($22.09) price objective on ArcelorMittal and gave the company a buy rating in a report on Wednesday, January 8th. Goldman Sachs Group set a €21.00 ($24.42) price objective on ArcelorMittal and gave the company a buy rating in a report on Friday, February 7th. JPMorgan Chase & Co. set a €20.50 ($23.84) price target on ArcelorMittal and gave the company a buy rating in a report on Thursday, March 5th. Finally, UBS Group set a €14.00 ($16.28) price target on ArcelorMittal and gave the company a buy rating in a report on Thursday, March 19th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of €19.29 ($22.43).

ArcelorMittal has a twelve month low of €17.72 ($20.60) and a twelve month high of €30.76 ($35.77).

About ArcelorMittal

ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. It operates through five segments: NAFTA, Brazil, Europe, ACIS, and Mining. The company produces finished and semi-finished steel products with various specifications.

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Analyst Recommendations for ArcelorMittal (AMS:MT)

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