ArcelorMittal

MT

LU1598757687

Iron & Steel

Real-time Euronext Amsterdam Other stock markets 10:23:21 2024-07-10 am EDT			5-day change	1st Jan Change
20.78 ^EUR	+0.19%		-3.35%	-19.07%

03:04pm	Markets Powered by Alternating Current
12:20pm	ARCELORMITTAL : Receives a Buy rating from Jefferies	ZD

ARCELORMITTAL : Receives a Buy rating from Jefferies

July 10, 2024 at 06:20 am EDT

In a research note published by Cole Hathorn, Jefferies advises its customers to buy the stock. The target price remains unchanged at EUR 33.

Latest news about ArcelorMittal

Markets Powered by Alternating Current	09:04am
ARCELORMITTAL : Receives a Buy rating from Jefferies	06:20am	ZD
ArcelorMittal: share price down, broker lowers target	Jul. 09	CF
ARCELORMITTAL : price target lowered by Oddo BHF	Jul. 09	CF
ArcelorMittal Tests New Carbon Recycling Technology at Belgium Steel Plant	Jul. 08	MT
ArcelorMittal: working on CO2 conversion	Jul. 08	CF
ArcelorMittal shelves plan to close S.African steel plant	Jul. 02	RE
ARCELORMITTAL : Deutsche Bank sticks Neutral	Jul. 01	ZD
ARCELORMITTAL : Deutsche Bank reiterates its Neutral rating	Jun. 26	ZD
Steel stocks break off recovery - Morgan Stanley skeptical	Jun. 21	DP
Steelmaker Arcelor-Nippon says India's plan for raw material curbs ignores Red Sea crisis	Jun. 21	RE
Oddo BHF Affirms ArcelorMittal at Outperform, Trims PT	Jun. 20	MT
ARCELORMITTAL : price target lowered by Oddo BHF	Jun. 20	CF
Workers' blockade in Mexico halting steel output, ArcelorMittal says	Jun. 17	RE
ArcelorMittal Prices $1 Billion Notes Offering	Jun. 11	MT
ArcelorMittal Prices $1 Billion Notes Offering	Jun. 11	MT
ArcelorMittal S.A. Announces Pricing of Bond Issue	Jun. 11	CI
Copper markets assessed with a much-needed lens of objectivity	Jun. 06
ArcelorMittal: 3D printing agreement with Materialise	Jun. 05	CF
ArcelorMittal Partners with Materialise to Boost Capabilities for Metal 3D Printing	Jun. 05	MT
ARCELORMITTAL : JP Morgan keeps its Buy rating	Jun. 03	ZD
ArcelorMittal Construction Buys Italpannelli’s Italian, Spanish Units	May. 31	MT
ArcelorMittal Calls on Next UK Government to Prevent Redevelopment of Chatham Docks Site	May. 31	MT
Curtain down for the BHP-Anglo takeover saga	May. 30
Anglo rejects BHP’s call for an extended negotiation timeline	May. 29

ArcelorMittal is No. 1 worldwide for steelmaking. Net sales break down by activity as follows: - sale of carbon flat steel (56.6%): spools of hot and cold rolled laminated steel, coated sheets, etc.; - sale of carbon long steel (20.7%): I-beams, concrete rounds, merchant steels, machine wire, saw wire, steel pilings, mass transit rails, special profiles, and wire drawing products; - sale of tubular products (3.2%); - sale of iron ore and coal (1.8%); - other (17.7%): primarily steel processing, distribution and trading. The group's products are primarily intended for the following sectors: automotive, household appliances, packaging and construction. Net sales are distributed geographically as follows: Germany (9.6%), Poland (6.5%), France (6.8%), Spain (5.8%), Europe (23.7%), United States (13%), Americas ( 25.4%), Asia and Africa (9.2%).

Sector

Iron & Steel

Calendar

2024-08-01 - Q2 2024 Earnings Release

Related indices

CAC 40 , STOXX EUROPE 600 (EUR) , IBEX 35 , AEX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

ARCELORMITTAL : Q124: a positive release and outlook.

May 02, 2024 at 07:10 am EDT

ArcelorMittal : Appearances can be deceptive

May 10, 2023 at 05:58 am EDT

More Strategies

Ratings for ArcelorMittal

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

22.42 USD

Average target price

33.14 USD

Spread / Average Target

+47.80%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-18.99%	18.37B
NUCOR CORPORATION	-12.17%	36.02B
POSCO HOLDINGS INC.	-25.33%	20.45B
NIPPON STEEL CORPORATION	+6.47%	19.82B
STEEL DYNAMICS, INC.	+6.56%	19.52B
JFE HOLDINGS, INC.	+6.01%	9.13B
UNITED STATES STEEL CORPORATION	-20.54%	8.72B
SEVERSTAL	-.--%	7.83B
STEEL AUTHORITY OF INDIA LIMITED	+22.01%	7.72B
HOA PHAT GROUP	+14.13%	7.3B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : Receives a Buy rating from Jefferies

Latest news about ArcelorMittal

Chart ArcelorMittal

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for ArcelorMittal

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Steel