NYSE:MT

ArcelorMittal Price Target, Predictions & Analyst Ratings

$30.42

+0.18 (+0.60 %)

(As of 09/27/2021 12:00 AM ET)

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Today's Range

$30.29

▼

$30.72

50-Day Range

$29.14

▼

$36.27

52-Week Range

$12.98

▼

$36.58

Volume3.42 million shs

Average Volume4.81 million shs

Market Capitalization$31.42 billion

P/E Ratio4.92

Dividend Yield0.83%

Beta1.99

ArcelorMittal (NYSE:MT) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analyst Rating Consensus

Buy
Based on 10 Analyst Ratings

Analyst Price Target Consensus

$37.47

High PT	$55.00
Average PT	$37.47
Low PT	$24.00

Type	Current 9/28/20 to 9/28/21	1 Month Ago 8/29/20 to 8/29/21	3 Months Ago 6/30/20 to 6/30/21	1 Year Ago 9/29/19 to 9/28/20
Consensus Rating	Buy	Buy	Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	11 Buy rating(s)	10 Buy rating(s)	8 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$37.47	$35.47	$34.67	$14.67
Price Target Upside	23.18% Upside	8.95% Upside	14.66% Upside	27.71% Upside

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Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

ArcelorMittal (NYSE:MT) vs. Its Competitors

Type	ArcelorMittal	Basic Materials Companies	S&P 500
Consensus Rating Score	2.90	2.63	2.56
Consensus Rating	Buy	Buy	Buy
Price Target Upside		88.70% Upside	7.53% Upside
News Sentiment Rating	Neutral News	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 796 63.94% Underperform Votes 449 36.06%	Avg. Outperform Votes 132 63.16% Avg. Underperform Votes 77 36.84%	Avg. Outperform Votes 829 69.49% Avg. Underperform Votes 364 30.51%

ArcelorMittal (NYSE:MT) Analyst Ratings History

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/15/2021	Deutsche Bank Aktiengesellschaft		Upgrade	Buy	$47.00 ➝ $55.00	+70.28%
9/14/2021	Barclays		Reiterated Rating	Overweight
8/3/2021	Morgan Stanley		Reiterated Rating	Overweight
7/30/2021	JPMorgan Chase & Co.		Reiterated Rating	Overweight
7/30/2021	KeyCorp		Boost Price Target	Overweight	$37.00 ➝ $40.00	+13.86%
7/19/2021	UBS Group		Reiterated Rating	Buy
6/7/2021	Credit Suisse Group		Reiterated Rating	Neutral
5/7/2021	Citigroup		Reiterated Rating	Buy
12/15/2020	Societe Generale		Upgrade	Hold ➝ Buy
10/1/2020	Kepler Capital Markets		Upgrade	Hold ➝ Buy

9/25/2020	The Goldman Sachs Group		Reiterated Rating	Buy
9/17/2020	Bank of America		Upgrade	Neutral ➝ Buy
5/26/2020	Independent Research	Sven Diermeier	Upgrade	Buy	$11.00	+15.42%
11/11/2019	Commerzbank		Downgrade	Buy ➝ Hold

(Data available from 9/28/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)

ArcelorMittal (NYSE:MT) Analyst Ratings Frequently Asked Questions

What is ArcelorMittal's consensus rating and price target?: According to the issued ratings of 10 analysts in the last year, the consensus rating for ArcelorMittal stock is Buy based on the current 1 hold rating and 9 buy ratings for MT. The average twelve-month price target for ArcelorMittal is $37.47 with a high price target of $55.00 and a low price target of $24.00. Learn more on MT's analyst rating history
Do Wall Street analysts like ArcelorMittal more than its competitors?: Analysts like ArcelorMittal stock more than the stock of other Basic Materials companies. The consensus rating score for ArcelorMittal is 2.90 while the average consensus rating score for basic materials companies is 2.63. Learn more on how MT compares to other companies
Do MarketBeat users like ArcelorMittal more than its competitors?: MarketBeat users like ArcelorMittal stock more than the stock of other Basic Materials companies. 63.94% of MarketBeat users gave ArcelorMittal an outperform vote while basic materials companies recieve an average of 63.16% outperform votes by MarketBeat users.

Is ArcelorMittal being upgraded by Wall Street analysts?: Over the previous 90 days, ArcelorMittal's stock had 1 upgrade by analysts.
Does ArcelorMittal's stock price have much upside?: According to analysts, ArcelorMittal's stock has a predicted upside of 18.52% based on their 12-month price targets.
What analysts cover ArcelorMittal?: ArcelorMittal has been rated by Barclays, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, and UBS Group in the past 90 days.

This page was last updated on 9/28/2021 by MarketBeat.com Staff

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ArcelorMittal Price Target, Predictions & Analyst Ratings

ArcelorMittal (NYSE:MT) Price Target and Consensus Rating