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ArcelorMittal - MT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $31.00
  • Forecasted Upside: 23.46%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$25.11 As of 04/17/2024 01:00 AM ET
▼ -0.07 (-0.28%)

This chart shows the closing price for MT by one month, three months, or twelve months.

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Analyst Price Target for MT

Analyst Price Target is $31.00
▲ +23.46% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for ArcelorMittal in the last 3 months. The average price target is $31.00, with a high forecast of $31.00 and a low forecast of $31.00. The average price target represents a 23.46% upside from the last price of $25.11.

This chart shows the closing price for MT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 polled investment analysts is to hold stock in ArcelorMittal. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/25/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/20/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/18/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/18/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/16/2024Deutsche Bank AktiengesellschaftReiterated RatingBuy ➝ Hold$34.00 ➝ $31.00Low
12/12/2023JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
10/18/2023Bank of AmericaDowngradeBuy ➝ NeutralLow
4/3/2023BarclaysDowngradeOverweight ➝ Equal WeightLow
3/28/2023UBS GroupUpgradeSell ➝ BuyLow
3/23/2023Bank of AmericaUpgradeNeutral ➝ BuyLow
2/23/2023Deutsche Bank AktiengesellschaftLower Target$36.00 ➝ $33.00Low
2/9/2023Deutsche Bank AktiengesellschaftBoost TargetBuy$36.00 ➝ $38.00Low
1/18/2023UBS GroupDowngradeNeutral ➝ SellLow
12/14/2022JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral€24.50 ➝ €23.00Low
12/14/2022Bank of AmericaDowngradeBuy ➝ NeutralN/A
11/15/2022Morgan StanleyLower TargetOverweight ➝ Overweight€40.00 ➝ €38.00Low
11/14/2022JPMorgan Chase & Co.Boost Target€23.50 ➝ €24.50Low
10/10/2022Deutsche Bank AktiengesellschaftLower Target€37.00 ➝ €33.00Low
10/6/2022UBS GroupDowngradeBuy ➝ Neutral$20.70Low
9/28/2022JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral€31.00 ➝ €23.50Low
8/1/2022JPMorgan Chase & Co.Boost Target€30.50 ➝ €31.00Low
8/1/2022Deutsche Bank AktiengesellschaftLower Target€38.00 ➝ €37.00Low
7/26/2022UBS GroupLower Target€38.00 ➝ €27.00Low
7/7/2022Deutsche Bank AktiengesellschaftLower TargetBuy$53.00 ➝ $39.00N/A
6/23/2022Morgan StanleyBoost TargetOverweight ➝ Overweight€46.00 ➝ €46.10Low
6/22/2022JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
5/6/2022Deutsche Bank AktiengesellschaftBoost Target€48.00 ➝ €49.00Low
4/28/2022JPMorgan Chase & Co.Boost Target€43.00 ➝ €48.00Low
4/14/2022Deutsche Bank AktiengesellschaftBoost Target€46.00 ➝ €48.00Low
2/22/2022Credit Suisse GroupBoost Target$42.00 ➝ $50.00Medium
2/15/2022AlphaValueUpgradeReduceLow
1/26/2022The Goldman Sachs GroupDowngradeBuy ➝ NeutralHigh
1/10/2022Deutsche Bank AktiengesellschaftLower Target$55.00 ➝ $52.00Low
11/26/2021Bank of AmericaLower TargetBuy€47.00 ➝ €45.00Medium
11/12/2021JPMorgan Chase & Co.Reiterated RatingOverweightLow
11/4/2021UBS GroupReiterated RatingBuyLow
10/14/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$34.00 ➝ $42.00Low
10/13/2021JPMorgan Chase & Co.Reiterated RatingOverweightLow
9/29/2021Morgan StanleyReiterated RatingOverweightMedium
9/15/2021Deutsche Bank AktiengesellschaftUpgradeBuy$47.00 ➝ $55.00High
9/14/2021BarclaysReiterated RatingOverweightHigh
8/3/2021Morgan StanleyReiterated RatingOverweightMedium
8/2/2021BarclaysReiterated RatingOverweightMedium
7/30/2021JPMorgan Chase & Co.Reiterated RatingOverweightLow
7/30/2021KeyCorpBoost TargetOverweight$37.00 ➝ $40.00Low
7/30/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$43.00 ➝ $47.00Low
7/19/2021UBS GroupReiterated RatingBuyHigh
7/14/2021BarclaysInitiated CoverageOverweight$30.89Low
7/8/2021Morgan StanleyReiterated RatingOverweightHigh
7/8/2021JPMorgan Chase & Co.Reiterated RatingOverweightHigh
6/29/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$38.00 ➝ $43.00Low
6/25/2021JPMorgan Chase & Co.Reiterated RatingBuyLow
6/22/2021Morgan StanleyReiterated RatingOverweightLow
6/7/2021Credit Suisse GroupReiterated RatingNeutralLow
6/2/2021UBS GroupReiterated RatingBuyLow
5/21/2021Morgan StanleyReiterated RatingOverweightLow
5/10/2021KeyCorpBoost TargetOverweight$33.00 ➝ $37.00High
5/7/2021CitigroupReiterated RatingBuyLow
5/7/2021Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
4/15/2021JPMorgan Chase & Co.Reiterated RatingOverweightMedium
4/13/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$30.00 ➝ $36.00Low
4/12/2021UBS GroupReiterated RatingBuyLow
4/9/2021Morgan StanleyReiterated RatingOverweightLow
3/24/2021Morgan StanleyReiterated RatingOverweightMedium
3/8/2021KeyCorpBoost TargetOverweight$30.00 ➝ $31.00Medium
2/22/2021Morgan StanleyReiterated RatingOverweightMedium
2/12/2021Credit Suisse GroupReiterated RatingNeutralLow
1/25/2021JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightMedium
1/19/2021Morgan StanleyReiterated RatingOverweightHigh
1/19/2021KeyCorpBoost TargetOverweight$28.00 ➝ $30.00Medium
1/18/2021Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$24.00 ➝ $24.00N/A
1/7/2021UBS GroupReiterated RatingBuyMedium
1/6/2021Morgan StanleyReiterated RatingOverweightN/A
12/22/2020KeyCorpBoost TargetPositive ➝ Overweight$23.00 ➝ $28.00Low
12/15/2020Societe GeneraleUpgradeHold ➝ BuyHigh
12/1/2020KeyCorpBoost TargetOverweight$21.00 ➝ $23.00Low
11/13/2020Morgan StanleyReiterated RatingOverweightLow
11/6/2020UBS GroupReiterated RatingBuyLow
10/19/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$15.00 ➝ $21.00Medium
10/16/2020JPMorgan Chase & Co.Reiterated RatingNeutralLow
10/7/2020Morgan StanleyReiterated RatingOverweightLow
10/6/2020KeyCorpBoost TargetOverweight$15.00 ➝ $17.00Medium
10/1/2020CitigroupReiterated RatingBuyLow
10/1/2020Kepler Capital MarketsUpgradeHold ➝ BuyLow
9/25/2020The Goldman Sachs GroupReiterated RatingBuyLow
9/24/2020UBS GroupReiterated RatingBuyLow
9/17/2020Bank of AmericaUpgradeNeutral ➝ BuyHigh
9/10/2020Credit Suisse GroupReiterated RatingBuyMedium
8/31/2020KeyCorpBoost TargetOverweight$14.00 ➝ $15.00High
7/14/2020The Goldman Sachs GroupInitiated CoverageBuyMedium
7/14/2020JPMorgan Chase & Co.Reiterated RatingNeutralLow
7/6/2020KeyCorpReiterated RatingBuy$14.00Medium
7/2/2020UBS GroupReiterated RatingBuyLow
6/23/2020Morgan StanleyReiterated RatingOverweightLow
6/22/2020Societe GeneraleUpgradeSell ➝ HoldLow
6/10/2020KeyCorpBoost TargetOverweight$13.00 ➝ $14.00Low
5/26/2020Independent ResearchUpgradeBuy$11.00High
5/24/2020KeyCorpReiterated RatingBuy$13.00High
5/18/2020Morgan StanleyReiterated RatingOverweightLow
5/14/2020JPMorgan Chase & Co.Reiterated RatingNeutralHigh
5/13/2020Deutsche Bank AktiengesellschaftReiterated RatingBuyMedium
5/8/2020KeyCorpBoost TargetOverweight$13.00 ➝ $15.00Medium
4/14/2020JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
4/8/2020UBS GroupReiterated RatingBuyLow
4/8/2020Morgan StanleyReiterated RatingOverweightLow
3/24/2020KeyCorpLower TargetOverweight$23.00 ➝ $13.00Medium
3/19/2020UBS GroupReiterated RatingBuyMedium
12/11/2019KeyCorpBoost TargetOverweight$21.00 ➝ $22.00Medium
11/11/2019UBS GroupUpgradeNeutral ➝ BuyLow
11/11/2019CommerzbankDowngradeBuy ➝ HoldMedium
11/5/2019Societe GeneraleDowngradeBuy ➝ SellMedium
10/9/2019UBS GroupReiterated RatingNeutralMedium
10/7/2019Deutsche Bank AktiengesellschaftLower TargetBuy$25.00 ➝ $18.00Low
9/10/2019Credit Suisse GroupReiterated RatingBuyHigh
9/4/2019Credit Suisse GroupReiterated RatingBuyHigh
9/3/2019Credit Suisse GroupInitiated CoverageOutperform$29.00Medium
6/12/2019The Goldman Sachs GroupUpgradeNeutral ➝ BuyLow
(Data available from 4/18/2019 forward)

News Sentiment Rating

0.47 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
9/21/2023
  • 1 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
10/21/2023
  • 3 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 13 very negative mentions
Mentions as of
11/20/2023
  • 10 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
12/20/2023
  • 4 very positive mentions
  • 12 positive mentions
  • 4 negative mentions
  • 3 very negative mentions
Mentions as of
1/19/2024
  • 12 very positive mentions
  • 20 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/18/2024
  • 13 very positive mentions
  • 28 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
3/19/2024
  • 3 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024

Current Sentiment

  • 3 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

ArcelorMittal logo
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, South Africa, and Ukraine. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
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Today's Range

Now: $25.11
Low: $24.96
High: $25.39

50 Day Range

MA: $26.85
Low: $25.11
High: $28.91

52 Week Range

Now: $25.11
Low: $21.30
High: $30.15

Volume

2,427,416 shs

Average Volume

1,502,203 shs

Market Capitalization

$20.22 billion

P/E Ratio

25.11

Dividend Yield

1.49%

Beta

1.93

Frequently Asked Questions

What sell-side analysts currently cover shares of ArcelorMittal?

The following equities research analysts have issued stock ratings on ArcelorMittal in the last twelve months: Bank of America Co., Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., and StockNews.com.
View the latest analyst ratings for MT.

What is the current price target for ArcelorMittal?

1 Wall Street analysts have set twelve-month price targets for ArcelorMittal in the last year. Their average twelve-month price target is $31.00, suggesting a possible upside of 23.5%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting MT will reach $31.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $31.00 for ArcelorMittal in the next year.
View the latest price targets for MT.

What is the current consensus analyst rating for ArcelorMittal?

ArcelorMittal currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MT, but not buy more shares or sell existing shares.
View the latest ratings for MT.

What other companies compete with ArcelorMittal?

Other companies that are similar to ArcelorMittal include Steel Dynamics, United States Steel, Ternium, Commercial Metals and Nucor. Learn More about companies similar to ArcelorMittal.

How do I contact ArcelorMittal's investor relations team?

ArcelorMittal's physical mailing address is 24-26 Boulevard d'Avranches, Luxembourg N4, 1160. The basic materials company's listed phone number is 35247921 and its investor relations email address is [email protected]. The official website for ArcelorMittal is www.arcelormittal.com. Learn More about contacing ArcelorMittal investor relations.