ArcelorMittal - MT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $33.24
  • Forecasted Upside: 22.93 %
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$27.04
▲ +0.33 (1.24%)

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 $33.24
▲ +22.93% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for ArcelorMittal in the last 3 months. The average price target is $33.24, with a high forecast of $50.00 and a low forecast of $20.70. The average price target represents a 22.93% upside from the last price of $27.04.

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 6 polled investment analysts is to hold stock in ArcelorMittal. This rating has held steady since July 2022, when it changed from a Buy 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
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/8/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/6/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/5/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/5/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
11/30/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
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 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
(Data available from 11/30/2017 forward)

News Sentiment Rating

0.62 (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
  • 2 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/4/2022
  • 6 very positive mentions
  • 15 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
6/3/2022
  • 0 very positive mentions
  • 19 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
7/3/2022
  • 1 very positive mentions
  • 18 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
8/2/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
9/1/2022
  • 3 very positive mentions
  • 25 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
10/1/2022
  • 2 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/31/2022
  • 9 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/30/2022

Current Sentiment

  • 9 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
ArcelorMittal logo
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include 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, which includes 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. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. 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, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
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Today's Range

Now: $27.04
Low: $26.35
High: $27.16

50 Day Range

MA: $22.93
Low: $19.85
High: $27.40

52 Week Range

Now: $27.04
Low: $19.25
High: $37.87

Volume

224,578 shs

Average Volume

2,481,698 shs

Market Capitalization

$25.36 billion

P/E Ratio

2.00

Dividend Yield

1.24%

Beta

1.9

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: AlphaValue, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, StockNews.com, The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for MT.

What is the current price target for ArcelorMittal?

5 Wall Street analysts have set twelve-month price targets for ArcelorMittal in the last year. Their average twelve-month price target is $33.24, suggesting a possible upside of 22.9%. Credit Suisse Group AG has the highest price target set, predicting MT will reach $50.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $20.70 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 sell rating, 3 hold ratings and 2 buy ratings 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, POSCO, Nucor, Ternium and Agnico Eagle Mines. 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.