ArcelorMittal (NYSE: MT) is a multinational steel manufacturing corporation headquartered in Luxembourg City. Formed in 2006 through the merger of Arcelor and Mittal Steel, it is one of the world's largest steel producers, with operations in over 60 countries. The company serves various industries, including automotive, construction, household appliances, and packaging. ArcelorMittal is committed to sustainability and innovation, focusing on reducing its carbon footprint and developing advanced steel solutions. en.wikipedia.orgde.wikipedia.org+3Wikipedia+3es.wikipedia.org+3
Over the past 52 weeks, ArcelorMittal's stock has traded between a high of $32.49 and a low of $19.25.
As of the latest data, the stock is trading at $25.67.
Analyst sentiment toward ArcelorMittal is mixed. According to MarketBeat, the company has received an average recommendation of "Hold," with an average target price of $28.50, based on 12 analyst ratings. Similarly, TipRanks reports that out of 14 analysts, 6 recommend a "Buy," 5 suggest "Hold," and 3 advise "Sell," with an average price target of $27.00.
Please note that analyst ratings are subject to change and should be considered alongside other factors when making investment decisions.
Subscribe to our API. See Strong Buy and Sell Signals the Day after They Occur!