NYSE:MT - ArcelorMittal Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $16.33
  • Forecasted Upside: 19.57 %
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$13.66
▲ +0.16 (1.19%)
1 month | 3 months | 12 months
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Analyst Price Target for MT

i We calculate 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). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$16.33
▲ +19.57% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for ArcelorMittal in the last 3 months. The average price target is $16.33, with a high forecast of $21.00 and a low forecast of $11.00. The average price target represents a 19.57% upside from the last price of $13.66.
Buy
The current consensus among 13 contributing investment analysts is to buy stock in ArcelorMittal.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/8/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/6/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/4/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/2/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/2/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/31/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/29/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/29/2020

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/19/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$15.00 ➝ $21.00Medium
i
10/16/2020JPMorgan Chase & Co.Reiterated RatingNeutralLow
i
10/7/2020Morgan StanleyReiterated RatingOverweightLow
i
10/6/2020KeyCorpBoost Price TargetOverweight$15.00 ➝ $17.00Medium
i
Rating by Philip Gibbs at KeyCorp
10/1/2020CitigroupReiterated RatingBuyLow
i
10/1/2020Kepler Capital MarketsUpgradeHold ➝ BuyLow
i
9/25/2020The Goldman Sachs GroupReiterated RatingBuyLow
i
9/24/2020UBS GroupReiterated RatingBuyLow
i
9/17/2020Bank of AmericaUpgradeNeutral ➝ BuyHigh
i
9/17/2020Bank of AmericaUpgradeNeutral ➝ BuyMedium
i
9/10/2020Credit Suisse GroupReiterated RatingBuyMedium
i
8/31/2020KeyCorpBoost Price TargetOverweight$14.00 ➝ $15.00High
i
Rating by Philip Gibbs at KeyCorp
7/14/2020The Goldman Sachs GroupInitiated CoverageBuyMedium
i
7/14/2020JPMorgan Chase & Co.Reiterated RatingNeutralLow
i
7/6/2020KeyCorpReiterated RatingBuy$14.00Medium
i
Rating by Philip Gibbs at KeyCorp
7/2/2020UBS GroupReiterated RatingBuyLow
i
6/23/2020Morgan StanleyReiterated RatingOverweightLow
i
6/22/2020Societe GeneraleUpgradeSell ➝ HoldLow
i
6/10/2020KeyCorpBoost Price TargetOverweight$13.00 ➝ $14.00Low
i
5/26/2020Independent ResearchUpgradeBuy$11.00High
i
Rating by Sven Diermeier at Independent Research GmbH
5/24/2020KeyCorpReiterated RatingBuy$13.00High
i
5/18/2020Morgan StanleyReiterated RatingOverweightLow
i
5/14/2020JPMorgan Chase & Co.Reiterated RatingNeutralHigh
i
5/13/2020Deutsche Bank AktiengesellschaftReiterated RatingBuyMedium
i
5/8/2020KeyCorpBoost Price TargetOverweight$13.00 ➝ $15.00Medium
i
4/14/2020JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
i
4/8/2020UBS GroupReiterated RatingBuyLow
i
4/8/2020Morgan StanleyReiterated RatingOverweightLow
i
3/24/2020KeyCorpLower Price TargetOverweight$23.00 ➝ $13.00Medium
i
3/19/2020UBS GroupReiterated RatingBuyMedium
i
12/11/2019KeyCorpBoost Price TargetOverweight$21.00 ➝ $22.00Medium
i
11/11/2019UBS GroupUpgradeNeutral ➝ BuyLow
i
11/11/2019CommerzbankDowngradeBuy ➝ HoldMedium
i
11/5/2019Societe GeneraleDowngradeBuy ➝ SellMedium
i
10/9/2019UBS GroupReiterated RatingNeutralMedium
i
10/7/2019Deutsche Bank AktiengesellschaftLower Price TargetBuy$25.00 ➝ $18.00Low
i
9/10/2019Credit Suisse GroupReiterated RatingBuyHigh
i
9/4/2019Credit Suisse GroupReiterated RatingBuyHigh
i
9/3/2019Credit Suisse GroupInitiated CoverageOutperform$29.00Medium
i
6/12/2019The Goldman Sachs GroupUpgradeNeutral ➝ BuyLow
i
4/15/2019KeyCorpInitiated CoverageSector Weight ➝ Sector Weight$22.57Low
i
1/30/2019The Goldman Sachs GroupDowngradeBuy ➝ NeutralHigh
i
11/9/2018UBS GroupUpgradeSell ➝ NeutralLow
i
11/6/2018Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
i
9/17/2018Jefferies Financial GroupReiterated RatingBuyLow
i
8/8/2018Credit Suisse GroupReiterated RatingBuyMedium
i
8/2/2018Credit Suisse GroupReiterated RatingBuyLow
i
7/12/2018CitigroupReiterated RatingBuyLow
i
7/6/2018MacquarieInitiated CoverageOutperformMedium
i
6/26/2018Credit Suisse GroupReiterated RatingBuyMedium
i
6/7/2018UBS GroupDowngradeBuy ➝ SellHigh
i
6/6/2018Jefferies Financial GroupReiterated RatingBuyHigh
i
6/4/2018Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
i
5/31/2018Credit Suisse GroupReiterated RatingBuyMedium
i
5/24/2018Credit Suisse GroupReiterated RatingBuyLow
i
5/15/2018CowenBoost Price TargetMarket Perform$35.00 ➝ $38.00Low
i
5/14/2018Credit Suisse GroupReiterated RatingBuyLow
i
4/5/2018Credit Suisse GroupReiterated RatingBuyLow
i
3/7/2018JPMorgan Chase & Co.Reiterated RatingBuyMedium
i
2/20/2018Bank of AmericaUpgradeNeutral ➝ BuyMedium
i
2/19/2018The Goldman Sachs GroupReiterated RatingBuyHigh
i
1/26/2018JPMorgan Chase & Co.Reiterated RatingBuyLow
i
1/10/2018Bank of AmericaUpgradeUnderperform ➝ NeutralLow
i
1/9/2018Jefferies Financial GroupReiterated RatingBuy$42.00Low
i
1/4/2018CowenReiterated RatingHold$35.00Low
i
Rating by Novid Rassouli at Cowen Inc
11/17/2017Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
11/17/2017The Goldman Sachs GroupReiterated RatingBuyN/A
i
11/13/2017CowenBoost Price TargetMarket Perform$27.00 ➝ $32.00N/A
i
Rating by Novid Rassouli at Cowen Inc
10/26/2017UBS GroupReiterated RatingBuyN/A
i
10/20/2017UBS GroupUpgradeNeutral ➝ BuyN/A
i
9/22/2017CowenDowngradeOutperform ➝ Market Perform$32.00 ➝ $27.00Low
i
Rating by Novid Rassouli at Cowen Inc
9/18/2017Jefferies Financial GroupReiterated RatingBuyLow
i
8/23/2017CowenSet Price TargetBuy$32.00Medium
i
Rating by Novid Rassouli at Cowen Inc
8/17/2017Deutsche Bank AktiengesellschaftReiterated RatingBuyMedium
i
7/30/2017SBG SecuritiesDowngradeBuy ➝ HoldMedium
i
7/19/2017CowenReiterated RatingBuy$32.00Medium
i
Rating by Novid Rassouli at Cowen Inc
7/18/2017Jefferies Financial GroupReiterated RatingBuy$31.50 ➝ $34.00Low
i
7/14/2017ING GroupUpgradeHold ➝ BuyLow
i
7/12/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$25.00 ➝ $32.00Low
i
6/30/2017Jefferies Financial GroupReiterated RatingBuyLow
i
6/6/2017Bank of AmericaDowngradeBuy ➝ UnderperformMedium
i
5/30/2017Jefferies Financial GroupReiterated RatingBuy$30.00Low
i
5/25/2017MacquarieUpgradeNeutral ➝ OutperformLow
i
5/23/2017UBS GroupUpgradeSell ➝ NeutralN/A
i
5/19/2017CowenReiterated RatingBuy$11.00Medium
i
3/31/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$25.20 ➝ $25.32Low
i
3/25/2017Credit Suisse GroupSet Price TargetBuy$45.00Medium
i
Rating by Michael Shillaker at Credit Suisse Group AG
3/23/2017CowenUpgradeMarket Perform ➝ Outperform$30.00 ➝ $33.00Medium
i
2/17/2017The Goldman Sachs GroupReiterated RatingBuyN/A
i
Rating by Eugene King at The Goldman Sachs Group, Inc.
2/16/2017Jefferies Financial GroupReiterated RatingBuy$31.50N/A
i
Rating by Seth Rosenfeld at Jefferies Financial Group Inc.
2/10/2017Jefferies Financial GroupReiterated RatingBuy$30.00N/A
i
Rating by Seth Rosenfeld at Jefferies Financial Group Inc.
2/10/2017Bank of AmericaUpgradeNeutral ➝ BuyN/A
i
2/2/2017The Goldman Sachs GroupUpgradeNeutral ➝ Conviction-BuyN/A
i
Rating by Eugene King at The Goldman Sachs Group, Inc.
1/31/2017JPMorgan Chase & Co.Reiterated RatingNeutralN/A
i
Rating by roger bell at JPMorgan Chase & Co.
1/18/2017CommerzbankUpgradeHold ➝ BuyN/A
i
12/19/2016UBS GroupDowngradeNeutral ➝ SellN/A
i
11/25/2016Royal Bank of CanadaUpgradeSector Perform ➝ OutperformN/A
i
11/17/2016JPMorgan Chase & Co.Reiterated RatingNeutralN/A
i
Rating by roger bell at JPMorgan Chase & Co.
11/15/2016CitigroupReiterated RatingBuyN/A
i
Rating by Heath Jansen at Citigroup Inc.
11/10/2016JPMorgan Chase & Co.Reiterated RatingNeutralN/A
i
Rating by roger bell at JPMorgan Chase & Co.
11/9/2016Credit Suisse GroupSet Price TargetBuy$30.00N/A
i
Rating by Michael Shillaker at Credit Suisse Group AG
11/9/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by Seth Rosenfeld at Jefferies Financial Group Inc.
11/8/2016Bank of AmericaDowngradeBuy ➝ Neutral$23.10N/A
i
10/13/2016The Goldman Sachs GroupDowngradeBuy ➝ NeutralN/A
i
10/7/2016CitigroupReiterated RatingBuyN/A
i
Rating by Heath Jansen at Citigroup Inc.
10/1/2016Credit Suisse GroupSet Price TargetBuy$30.00N/A
i
Rating by Michael Shillaker at Credit Suisse Group AG
9/30/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by Seth Rosenfeld at Jefferies Financial Group Inc.
8/19/2016JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$8.79 ➝ $19.65N/A
i
8/9/2016Clarkson CapitalUpgradeNeutral ➝ BuyN/A
i
8/3/2016CowenBoost Price TargetMarket Perform$18.00 ➝ $24.00N/A
i
Rating by Anthony Rizzuto at Cowen Inc
8/3/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by Seth Rosenfeld at Jefferies Financial Group Inc.
7/28/2016CitigroupReiterated RatingBuyN/A
i
Rating by Heath Jansen at Citigroup Inc.
6/29/2016CitigroupReiterated RatingBuyN/A
i
Rating by Heath Jansen at Citigroup Inc.
6/28/2016The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyN/A
i
6/1/2016CitigroupUpgradeNeutral ➝ Buy$15.00 ➝ $16.20N/A
i
5/29/2016Berenberg BankReiterated RatingBuyN/A
i
Rating by Alessandro Abate at Berenberg Bank
5/19/2016Nord/LBSet Price TargetNeutral€12.00N/A
i
5/11/2016Independent ResearchSet Price TargetNeutral€13.50N/A
i
5/10/2016BarclaysSet Price TargetNeutral€13.50N/A
i
5/6/2016CommerzbankSet Price TargetNeutral€15.00N/A
i
5/6/2016Berenberg BankSet Price TargetBuy€14.10N/A
i
4/20/2016Jefferies Financial GroupUpgradeHold ➝ Buy$13.50 ➝ $21.00N/A
i
Rating by Seth Rosenfeld at Jefferies Financial Group Inc.
4/20/2016Jefferies Financial GroupSet Price TargetHold ➝ Buy€18.75N/A
i
4/18/2016JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$13.53 ➝ $16.74N/A
i
Rating by Downgraded, Today Hold at JPMorgan Chase & Co.
4/18/2016JPMorgan Chase & Co.Set Price TargetSell€12.90N/A
i
4/18/2016Berenberg BankSet Price TargetBuy€19.50N/A
i
4/13/2016Credit Suisse GroupUpgradeNeutral ➝ Outperform$18.00 ➝ $22.50N/A
i
Rating by Michael Shillaker at Credit Suisse Group AG
4/12/2016The Goldman Sachs GroupReiterated RatingConviction-BuyN/A
i
4/12/2016The Goldman Sachs GroupSet Price TargetNeutral ➝ Buy€16.20N/A
i
4/11/2016The Goldman Sachs GroupUpgradeNeutral ➝ Buy$12.18 ➝ $15.09N/A
i
3/31/2016Berenberg BankUpgradeHold ➝ BuyN/A
i
3/31/2016Berenberg BankSet Price TargetHold ➝ Buy€15.60N/A
i
3/29/2016Morgan StanleySet Price TargetBuy€13.20N/A
i
3/23/2016Credit Suisse GroupReiterated RatingNeutral$13.50 ➝ $18.00N/A
i
3/15/2016Berenberg BankSet Price TargetNeutral€10.20N/A
i
3/14/2016Independent ResearchSet Price TargetSell€9.90N/A
i
3/14/2016JPMorgan Chase & Co.Set Price TargetNeutral€11.70N/A
i
3/14/2016UBS GroupSet Price TargetBuy€7.00N/A
i
3/11/2016Morgan StanleySet Price TargetBuy€17.70N/A
i
3/10/2016Morgan StanleyInitiated CoverageOverweightN/A
i
3/7/2016Jefferies Financial GroupSet Price TargetNeutral€12.00N/A
i
3/7/2016Jefferies Financial GroupUpgradeUnderperform ➝ Hold$9.00 ➝ $13.50N/A
i
Rating by Seth Rosenfeld at Jefferies Financial Group Inc.
3/3/2016The Goldman Sachs GroupSet Price TargetNeutral€10.35N/A
i
2/23/2016CowenDowngradeOutperform ➝ Market Perform$39.00 ➝ $12.00N/A
i
2/19/2016The Goldman Sachs GroupReiterated RatingNeutralN/A
i
2/17/2016UBS GroupSet Price TargetBuy€7.00N/A
i
2/10/2016Bank of AmericaReiterated RatingBuyN/A
i
2/10/2016CitigroupSet Price TargetNeutral€9.30N/A
i
2/9/2016JPMorgan Chase & Co.Set Price TargetOverweight ➝ Neutral€8.10N/A
i
2/9/2016Independent ResearchSet Price TargetSell€8.40N/A
i
2/9/2016ING GroupDowngradeBuy ➝ HoldN/A
i
2/9/2016The Goldman Sachs GroupUpgradeSell ➝ NeutralN/A
i
2/9/2016The Goldman Sachs GroupSet Price TargetSell ➝ Neutral€9.90N/A
i
2/8/2016Nord/LBSet Price TargetNeutral€9.90N/A
i
2/8/2016Deutsche Bank AktiengesellschaftLower Price TargetHold$15.00 ➝ $13.50N/A
i
Rating by David Martin at Deutsche Bank Aktiengesellschaft
2/8/2016BNP ParibasSet Price TargetNeutral€10.50N/A
i
2/8/2016JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralN/A
i
Rating by Roger Bell at JPMorgan Chase & Co.
2/5/2016S&P Equity ResearchSet Price TargetSell€9.60N/A
i
2/5/2016Societe GeneraleSet Price TargetBuy€27.00N/A
i
2/5/2016Berenberg BankSet Price TargetBuy€16.50N/A
i
2/3/2016CommerzbankSet Price TargetBuy€15.00N/A
i
1/27/2016Credit Suisse GroupLower Price Target$16.50 ➝ $13.50N/A
i
1/27/2016Credit Suisse GroupSet Price TargetNeutral€13.50N/A
i
1/26/2016UBS GroupReiterated RatingBuyN/A
i
1/22/2016The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyN/A
i
1/22/2016Berenberg BankSet Price TargetBuy€16.50N/A
i
1/15/2016Independent ResearchSet Price TargetSell€9.00N/A
i
1/15/2016BarclaysSet Price TargetNeutral€12.00N/A
i
1/13/2016Jefferies Financial GroupDowngradeHold ➝ Underperform$18.00 ➝ $9.00N/A
i
1/11/2016Deutsche Bank AktiengesellschaftReiterated RatingHold$19.50 ➝ $15.00N/A
i
12/30/2015BNP ParibasSet Price TargetSell€10.50N/A
i
12/24/2015BNP ParibasSet Price TargetSell€10.50N/A
i
12/18/2015Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform€21.00 ➝ €12.00N/A
i
12/18/2015Royal Bank of CanadaReiterated RatingSector Perform ➝ OutperformN/A
i
12/18/2015BNP ParibasSet Price TargetSell€10.50N/A
i
12/9/2015MacquarieSet Price TargetSell€9.00N/A
i
12/8/2015MacquarieDowngradeNeutral ➝ UnderperformN/A
i
12/4/2015Independent ResearchSet Price TargetSell€12.00N/A
i
12/3/2015The Goldman Sachs GroupReiterated RatingSellN/A
i
12/2/2015CitigroupSet Price TargetBuy ➝ Neutral€15.00N/A
i
12/2/2015CitigroupDowngradeBuy ➝ NeutralN/A
i
11/26/2015JPMorgan Chase & Co.Set Price TargetBuy€17.70N/A
i
11/25/2015The Goldman Sachs GroupSet Price TargetSell€11.70N/A
i
11/23/2015BarclaysSet Price TargetNeutral€16.50N/A
i
11/23/2015BarclaysDowngradeEqual WeightN/A
i
11/20/2015Nord/LBSet Price TargetBuy€19.50N/A
i
11/19/2015CitigroupReiterated RatingBuyN/A
i
11/13/2015BNP ParibasSet Price TargetSell€12.00N/A
i
11/13/2015JPMorgan Chase & Co.Set Price TargetBuy€17.70N/A
i
11/11/2015UBS GroupSet Price TargetBuy€12.00N/A
i
11/10/2015Independent ResearchSet Price TargetSell€13.50N/A
i
11/10/2015CommerzbankSet Price TargetBuy€19.50N/A
i
11/9/2015CitigroupSet Price TargetBuy€19.50N/A
i
11/6/2015S&P Equity ResearchSet Price TargetSell€14.10N/A
i
11/4/2015Societe GeneraleSet Price TargetBuy€27.00N/A
i
10/29/2015JPMorgan Chase & Co.Set Price TargetBuy€21.90N/A
i
(Data available from 10/29/2015 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, and 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, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
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Today's Range

Now: $13.66
$13.40
$13.80

50 Day Range

MA: $13.61
$12.09
$14.77

52 Week Range

Now: $13.66
$6.64
$18.89

Volume

2,898,590 shs

Average Volume

4,647,216 shs

Market Capitalization

$13.83 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.93