NYSE:MT - ArcelorMittal Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $32.33
  • Forecasted Upside: 10.81 %
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$29.18
▲ +0.76 (2.67%)

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 $32.33
▲ +10.81% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for ArcelorMittal in the last 3 months. The average price target is $32.33, with a high forecast of $37.00 and a low forecast of $24.00. The average price target represents a 10.81% upside from the last price of $29.18.

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 Buy

The current consensus among 11 contributing investment analysts is to buy stock in ArcelorMittal. This Buy 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
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 11 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/7/2021Credit Suisse GroupReiterated RatingNeutralLow
6/2/2021UBS GroupReiterated RatingBuyLow
5/21/2021Morgan StanleyReiterated RatingOverweightLow
5/10/2021KeyCorpBoost Price 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 Price TargetBuy$30.00 ➝ $36.00Low
4/12/2021UBS GroupReiterated RatingBuyLow
4/9/2021Morgan StanleyReiterated RatingOverweightLow
3/24/2021Morgan StanleyReiterated RatingOverweightMedium
3/8/2021KeyCorpBoost Price 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 Price 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 Price TargetPositive ➝ Overweight$23.00 ➝ $28.00Low
12/15/2020Societe GeneraleUpgradeHold ➝ BuyHigh
12/1/2020KeyCorpBoost Price TargetOverweight$21.00 ➝ $23.00Low
11/13/2020Morgan StanleyReiterated RatingOverweightLow
11/6/2020UBS GroupReiterated RatingBuyLow
10/19/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$15.00 ➝ $21.00Medium
10/16/2020JPMorgan Chase & Co.Reiterated RatingNeutralLow
10/7/2020Morgan StanleyReiterated RatingOverweightLow
10/6/2020KeyCorpBoost Price 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 Price 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 Price 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 Price 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 Price TargetOverweight$23.00 ➝ $13.00Medium
3/19/2020UBS GroupReiterated RatingBuyMedium
12/11/2019KeyCorpBoost Price 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 Price 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
4/15/2019KeyCorpInitiated CoverageSector Weight ➝ Sector Weight$22.57Low
1/30/2019The Goldman Sachs GroupDowngradeBuy ➝ NeutralHigh
11/9/2018UBS GroupUpgradeSell ➝ NeutralLow
11/6/2018Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
9/17/2018Jefferies Financial GroupReiterated RatingBuyLow
8/8/2018Credit Suisse GroupReiterated RatingBuyMedium
8/2/2018Credit Suisse GroupReiterated RatingBuyLow
7/12/2018CitigroupReiterated RatingBuyLow
7/6/2018MacquarieInitiated CoverageOutperformMedium
6/26/2018Credit Suisse GroupReiterated RatingBuyMedium
6/7/2018UBS GroupDowngradeBuy ➝ SellHigh
6/6/2018Jefferies Financial GroupReiterated RatingBuyHigh
6/4/2018Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
5/31/2018Credit Suisse GroupReiterated RatingBuyMedium
5/24/2018Credit Suisse GroupReiterated RatingBuyLow
5/15/2018CowenBoost Price TargetMarket Perform$35.00 ➝ $38.00Low
5/14/2018Credit Suisse GroupReiterated RatingBuyLow
4/5/2018Credit Suisse GroupReiterated RatingBuyLow
3/7/2018JPMorgan Chase & Co.Reiterated RatingBuyMedium
2/20/2018Bank of AmericaUpgradeNeutral ➝ BuyMedium
2/19/2018The Goldman Sachs GroupReiterated RatingBuyHigh
1/26/2018JPMorgan Chase & Co.Reiterated RatingBuyLow
1/10/2018Bank of AmericaUpgradeUnderperform ➝ NeutralLow
1/9/2018Jefferies Financial GroupReiterated RatingBuy$42.00Low
1/4/2018CowenReiterated RatingHold$35.00Low
11/17/2017Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
11/17/2017The Goldman Sachs GroupReiterated RatingBuyN/A
11/13/2017CowenBoost Price TargetMarket Perform$27.00 ➝ $32.00N/A
10/26/2017UBS GroupReiterated RatingBuyN/A
10/20/2017UBS GroupUpgradeNeutral ➝ BuyN/A
9/22/2017CowenDowngradeOutperform ➝ Market Perform$32.00 ➝ $27.00Low
9/18/2017Jefferies Financial GroupReiterated RatingBuyLow
8/23/2017CowenSet Price TargetBuy$32.00Medium
8/17/2017Deutsche Bank AktiengesellschaftReiterated RatingBuyMedium
7/30/2017SBG SecuritiesDowngradeBuy ➝ HoldMedium
7/19/2017CowenReiterated RatingBuy$32.00Medium
7/18/2017Jefferies Financial GroupReiterated RatingBuy$31.50 ➝ $34.00Low
7/14/2017ING GroupUpgradeHold ➝ BuyLow
7/12/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$25.00 ➝ $32.00Low
6/30/2017Jefferies Financial GroupReiterated RatingBuyLow
6/6/2017Bank of AmericaDowngradeBuy ➝ UnderperformMedium
5/30/2017Jefferies Financial GroupReiterated RatingBuy$30.00Low
5/25/2017MacquarieUpgradeNeutral ➝ OutperformLow
5/23/2017UBS GroupUpgradeSell ➝ NeutralN/A
5/19/2017CowenReiterated RatingBuy$11.00Medium
3/31/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$25.20 ➝ $25.32Low
3/25/2017Credit Suisse GroupSet Price TargetBuy$45.00Medium
3/23/2017CowenUpgradeMarket Perform ➝ Outperform$30.00 ➝ $33.00Medium
2/17/2017The Goldman Sachs GroupReiterated RatingBuyN/A
2/16/2017Jefferies Financial GroupReiterated RatingBuy$31.50N/A
2/10/2017Jefferies Financial GroupReiterated RatingBuy$30.00N/A
2/10/2017Bank of AmericaUpgradeNeutral ➝ BuyN/A
2/2/2017The Goldman Sachs GroupUpgradeNeutral ➝ Conviction-BuyN/A
1/31/2017JPMorgan Chase & Co.Reiterated RatingNeutralN/A
1/18/2017CommerzbankUpgradeHold ➝ BuyN/A
12/19/2016UBS GroupDowngradeNeutral ➝ SellN/A
11/25/2016Royal Bank of CanadaUpgradeSector Perform ➝ OutperformN/A
11/17/2016JPMorgan Chase & Co.Reiterated RatingNeutralN/A
11/15/2016CitigroupReiterated RatingBuyN/A
11/10/2016JPMorgan Chase & Co.Reiterated RatingNeutralN/A
11/9/2016Credit Suisse GroupSet Price TargetBuy$30.00N/A
11/9/2016Jefferies Financial GroupReiterated RatingBuyN/A
11/8/2016Bank of AmericaDowngradeBuy ➝ Neutral$23.10N/A
10/13/2016The Goldman Sachs GroupDowngradeBuy ➝ NeutralN/A
10/7/2016CitigroupReiterated RatingBuyN/A
10/1/2016Credit Suisse GroupSet Price TargetBuy$30.00N/A
9/30/2016Jefferies Financial GroupReiterated RatingBuyN/A
8/19/2016JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$8.79 ➝ $19.65N/A
8/9/2016Clarkson CapitalUpgradeNeutral ➝ BuyN/A
8/3/2016CowenBoost Price TargetMarket Perform$18.00 ➝ $24.00N/A
8/3/2016Jefferies Financial GroupReiterated RatingBuyN/A
7/28/2016CitigroupReiterated RatingBuyN/A
6/29/2016CitigroupReiterated RatingBuyN/A
6/28/2016The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyN/A
(Data available from 6/21/2016 forward)
ArcelorMittal logo
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as 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, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company 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. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, and Ukraine; and coal mining activities in Kazakhstan. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
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Today's Range

Now: $29.18
Low: $28.80
High: $29.37

50 Day Range

MA: $31.28
Low: $28.42
High: $33.81

52 Week Range

Now: $29.18
Low: $10.04
High: $33.96

Volume

3,964,204 shs

Average Volume

5,399,383 shs

Market Capitalization

$29.53 billion

P/E Ratio

13.14

Dividend Yield

0.88%

Beta

2.08

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., Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Kepler Capital Markets, KeyCorp, Morgan Stanley, Societe Generale, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for MT.

What is the current price target for ArcelorMittal?

3 Wall Street analysts have set twelve-month price targets for ArcelorMittal in the last year. Their average twelve-month price target is $32.33, suggesting a possible upside of 13.8%. KeyCorp has the highest price target set, predicting MT will reach $37.00 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of $24.00 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 1 hold rating and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MT will outperform the market and that investors should add to their positions of ArcelorMittal.
View the latest ratings for MT.

What other companies compete with 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 352-4792-2151 and its investor relations email address is [email protected] The official website for ArcelorMittal is www.arcelormittal.com.