ArcelorMittal - MT Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $30.30
  • Forecasted Upside: 18.96%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$25.47
▼ -0.35 (-1.36%)

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 $30.30
▲ +18.96% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for ArcelorMittal in the last 3 months. The average price target is $30.30, with a high forecast of $31.00 and a low forecast of $29.60. The average price target represents a 18.96% upside from the last price of $25.47.

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 Moderate Buy

The current consensus among 5 contributing investment analysts is to moderate buy stock in ArcelorMittal. This rating has held steady since August 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/12/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/11/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/9/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/7/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/6/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/5/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/3/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/3/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/28/2024Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$29.00 ➝ $31.00
8/19/2024BarclaysUpgradeEqual Weight ➝ Overweight
8/2/2024Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$30.00 ➝ $29.00
5/9/2024The Goldman Sachs GroupInitiated CoverageNeutral$29.60
4/16/2024Deutsche Bank AktiengesellschaftReiterated RatingBuy ➝ Hold$34.00 ➝ $31.00
12/12/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
10/18/2023Bank of AmericaDowngradeBuy ➝ Neutral
4/3/2023BarclaysDowngradeOverweight ➝ Equal Weight
3/28/2023UBS GroupUpgradeSell ➝ Buy
3/23/2023Bank of AmericaUpgradeNeutral ➝ Buy
2/23/2023Deutsche Bank AktiengesellschaftLower Target$36.00 ➝ $33.00
2/9/2023Deutsche Bank AktiengesellschaftBoost TargetBuy$36.00 ➝ $38.00
1/18/2023UBS GroupDowngradeNeutral ➝ Sell
12/14/2022JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral€24.50 ➝ €23.00
12/14/2022Bank of AmericaDowngradeBuy ➝ Neutral
11/15/2022Morgan StanleyLower TargetOverweight ➝ Overweight€40.00 ➝ €38.00
11/14/2022JPMorgan Chase & Co.Boost Target€23.50 ➝ €24.50
10/10/2022Deutsche Bank AktiengesellschaftLower Target€37.00 ➝ €33.00
10/6/2022UBS GroupDowngradeBuy ➝ Neutral$20.70
9/28/2022JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral€31.00 ➝ €23.50
8/1/2022JPMorgan Chase & Co.Boost Target€30.50 ➝ €31.00
8/1/2022Deutsche Bank AktiengesellschaftLower Target€38.00 ➝ €37.00
7/26/2022UBS GroupLower Target€38.00 ➝ €27.00
7/7/2022Deutsche Bank AktiengesellschaftLower TargetBuy$53.00 ➝ $39.00
6/23/2022Morgan StanleyBoost TargetOverweight ➝ Overweight€46.00 ➝ €46.10
6/22/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
5/6/2022Deutsche Bank AktiengesellschaftBoost Target€48.00 ➝ €49.00
4/28/2022JPMorgan Chase & Co.Boost Target€43.00 ➝ €48.00
4/14/2022Deutsche Bank AktiengesellschaftBoost Target€46.00 ➝ €48.00
2/22/2022Credit Suisse GroupBoost Target$42.00 ➝ $50.00
2/15/2022AlphaValueUpgradeReduce
1/26/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral
1/10/2022Deutsche Bank AktiengesellschaftLower Target$55.00 ➝ $52.00
11/26/2021Bank of AmericaLower TargetBuy€47.00 ➝ €45.00
11/12/2021JPMorgan Chase & Co.Reiterated RatingOverweight
11/4/2021UBS GroupReiterated RatingBuy
10/14/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$34.00 ➝ $42.00
10/13/2021JPMorgan Chase & Co.Reiterated RatingOverweight
9/29/2021Morgan StanleyReiterated RatingOverweight
9/15/2021Deutsche Bank AktiengesellschaftUpgradeBuy$47.00 ➝ $55.00
9/14/2021BarclaysReiterated RatingOverweight
8/3/2021Morgan StanleyReiterated RatingOverweight
8/2/2021BarclaysReiterated RatingOverweight
7/30/2021JPMorgan Chase & Co.Reiterated RatingOverweight
7/30/2021KeyCorpBoost TargetOverweight$37.00 ➝ $40.00
7/30/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$43.00 ➝ $47.00
7/19/2021UBS GroupReiterated RatingBuy
7/14/2021BarclaysInitiated CoverageOverweight$30.89
7/8/2021Morgan StanleyReiterated RatingOverweight
7/8/2021JPMorgan Chase & Co.Reiterated RatingOverweight
6/29/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$38.00 ➝ $43.00
6/25/2021JPMorgan Chase & Co.Reiterated RatingBuy
6/22/2021Morgan StanleyReiterated RatingOverweight
6/7/2021Credit Suisse GroupReiterated RatingNeutral
6/2/2021UBS GroupReiterated RatingBuy
5/21/2021Morgan StanleyReiterated RatingOverweight
5/10/2021KeyCorpBoost TargetOverweight$33.00 ➝ $37.00
5/7/2021CitigroupReiterated RatingBuy
5/7/2021Deutsche Bank AktiengesellschaftReiterated RatingBuy
4/15/2021JPMorgan Chase & Co.Reiterated RatingOverweight
4/13/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$30.00 ➝ $36.00
4/12/2021UBS GroupReiterated RatingBuy
4/9/2021Morgan StanleyReiterated RatingOverweight
3/24/2021Morgan StanleyReiterated RatingOverweight
3/8/2021KeyCorpBoost TargetOverweight$30.00 ➝ $31.00
2/22/2021Morgan StanleyReiterated RatingOverweight
2/12/2021Credit Suisse GroupReiterated RatingNeutral
1/25/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
1/19/2021Morgan StanleyReiterated RatingOverweight
1/19/2021KeyCorpBoost TargetOverweight$28.00 ➝ $30.00
1/18/2021Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$24.00 ➝ $24.00
1/7/2021UBS GroupReiterated RatingBuy
1/6/2021Morgan StanleyReiterated RatingOverweight
12/22/2020KeyCorpBoost TargetPositive ➝ Overweight$23.00 ➝ $28.00
12/15/2020Societe GeneraleUpgradeHold ➝ Buy
12/1/2020KeyCorpBoost TargetOverweight$21.00 ➝ $23.00
11/13/2020Morgan StanleyReiterated RatingOverweight
11/6/2020UBS GroupReiterated RatingBuy
10/19/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$15.00 ➝ $21.00
10/16/2020JPMorgan Chase & Co.Reiterated RatingNeutral
10/7/2020Morgan StanleyReiterated RatingOverweight
10/6/2020KeyCorpBoost TargetOverweight$15.00 ➝ $17.00
10/1/2020CitigroupReiterated RatingBuy
10/1/2020Kepler Capital MarketsUpgradeHold ➝ Buy
9/25/2020The Goldman Sachs GroupReiterated RatingBuy
9/24/2020UBS GroupReiterated RatingBuy
9/17/2020Bank of AmericaUpgradeNeutral ➝ Buy
9/10/2020Credit Suisse GroupReiterated RatingBuy
8/31/2020KeyCorpBoost TargetOverweight$14.00 ➝ $15.00
7/14/2020The Goldman Sachs GroupInitiated CoverageBuy
7/14/2020JPMorgan Chase & Co.Reiterated RatingNeutral
7/6/2020KeyCorpReiterated RatingBuy$14.00
7/2/2020UBS GroupReiterated RatingBuy
6/23/2020Morgan StanleyReiterated RatingOverweight
6/22/2020Societe GeneraleUpgradeSell ➝ Hold
6/10/2020KeyCorpBoost TargetOverweight$13.00 ➝ $14.00
5/26/2020Independent ResearchUpgradeBuy$11.00
5/24/2020KeyCorpReiterated RatingBuy$13.00
5/18/2020Morgan StanleyReiterated RatingOverweight
5/14/2020JPMorgan Chase & Co.Reiterated RatingNeutral
5/13/2020Deutsche Bank AktiengesellschaftReiterated RatingBuy
5/8/2020KeyCorpBoost TargetOverweight$13.00 ➝ $15.00
4/14/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
4/8/2020UBS GroupReiterated RatingBuy
4/8/2020Morgan StanleyReiterated RatingOverweight
3/24/2020KeyCorpLower TargetOverweight$23.00 ➝ $13.00
3/19/2020UBS GroupReiterated RatingBuy
12/11/2019KeyCorpBoost TargetOverweight$21.00 ➝ $22.00
11/11/2019UBS GroupUpgradeNeutral ➝ Buy
11/11/2019CommerzbankDowngradeBuy ➝ Hold
11/5/2019Societe GeneraleDowngradeBuy ➝ Sell
10/9/2019UBS GroupReiterated RatingNeutral
10/7/2019Deutsche Bank AktiengesellschaftLower TargetBuy$25.00 ➝ $18.00
(Data available from 10/3/2019 forward)

News Sentiment Rating

0.55 (Buy)

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
  • 15 very positive mentions
  • 30 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
3/7/2024
  • 5 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/6/2024
  • 4 very positive mentions
  • 28 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
5/6/2024
  • 6 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
6/5/2024
  • 5 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/5/2024
  • 6 very positive mentions
  • 11 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
8/4/2024
  • 3 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/3/2024
  • 9 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/3/2024

Current Sentiment

  • 9 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
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: $25.47
Low: $25.47
High: $25.67

50 Day Range

MA: $23.03
Low: $21.10
High: $26.26

52 Week Range

Now: $25.47
Low: $20.52
High: $29.01

Volume

570,019 shs

Average Volume

1,617,703 shs

Market Capitalization

$20.51 billion

P/E Ratio

28.62

Dividend Yield

1.64%

Beta

1.76

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., Barclays PLC, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., StockNews.com, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for MT.

What is the current price target for ArcelorMittal?

2 Wall Street analysts have set twelve-month price targets for ArcelorMittal in the last year. Their average twelve-month price target is $30.30, suggesting a possible upside of 17.4%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting MT will reach $31.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $29.60 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 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MT.

What other companies compete with ArcelorMittal?

Other companies that are similar to ArcelorMittal include Howmet Aerospace, POSCO, Tenaris, Ternium and Gerdau. 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.