ArcelorMittal

MT

LU1598757687

Iron & Steel

Market Closed - Euronext Amsterdam Other stock markets 11:35:19 2024-05-10 am EDT			5-day change	1st Jan Change
23.88 ^EUR	+0.84%		-1.73%	-6.99%

May. 10	ArcelorMittal: 213 ME investment in an electric arc furnace	CF
May. 10	ArcelorMittal Commences Electric Arc Furnace Project at Spanish Plant	MT

ARCELORMITTAL : Goldman Sachs reaffirms its Neutral rating

November 14, 2022 at 09:52 am EST

In a research note, Goldman Sachs analyst Nina Dergunova has maintained his recommendation on the stock with a Neutral rating. The target price remains set at EUR 25.

Latest news about ArcelorMittal

ArcelorMittal: 213 ME investment in an electric arc furnace	May. 10	CF
ArcelorMittal Commences Electric Arc Furnace Project at Spanish Plant	May. 10	MT
Goldman Sachs Starts ArcelorMittal With Neutral Rating, $29.60 Price Target	May. 09	MT
ARCELORMITTAL : Goldman Sachs from Sell to Neutral	May. 09	ZD
ARCELORMITTAL : Barclays remains Neutral	May. 07	ZD
Salzgitter share price collapses due to capped forecasts	May. 07	DP
EU clears $14.9 bln purchase of U.S. Steel by Japan's Nippon	May. 06	RE
ArcelorMittal Warns of Potential UK Exit Amid Redevelopment Proposal for Local Site	May. 06	MT
ARCELORMITTAL : Deutsche Bank sticks Neutral	May. 03	ZD
Glencore plans to join the BHP-Anglo takeover battle	May. 03
ARCELORMITTAL : Gets a Buy rating from JP Morgan	May. 03	ZD
Materials Slip Amid Mixed Earnings -- Materials Roundup	May. 02	DJ
CAC40: down towards 7900pts, weighed down by Stellantis and STMicro	May. 02	CF
Global markets live: Etsy, Qualcomm, Carvana, Rio Tinto, Apple...	May. 02
CAC40: heaviness prevails, despite more positive W-Street	May. 02	CF
CAC40: down towards 7935, WStreet stagnates, as do US rates	May. 02	CF
Transcript : ArcelorMittal S.A., Q1 2024 Earnings Call, May 02, 2024	May. 02
News Highlights : Top Company News of the Day - Thursday at 7 AM ET	May. 02	DJ
ARCELORMITTAL : Receives a Buy rating from UBS	May. 02	ZD
ARCELORMITTAL : Q124: a positive release and outlook.	May. 02
ARCELORMITTAL : Jefferies keeps its Buy rating	May. 02	ZD
News Highlights : Top Company News of the Day - Thursday at 5 AM ET	May. 02	DJ
CAC40: in the red following Fed statement	May. 02	CF
European Midday Briefing : Stocks Steady as Powell Suggests Rate Hike Unlikely	May. 02	DJ
ArcelorMittal's Q1 Adjusted Earnings, Revenue Fall	May. 02	MT

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

25.72 USD

Average target price

34.05 USD

Spread / Average Target

+32.40%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-6.99%	20.9B
NUCOR CORPORATION	+0.25%	41.81B
TATA STEEL LIMITED	+16.38%	24.23B
STEEL DYNAMICS, INC.	+14.46%	21.3B
NIPPON STEEL CORPORATION	+2.48%	20.18B
JFE HOLDINGS, INC.	+5.78%	9.41B
UNITED STATES STEEL CORPORATION	-21.85%	8.59B
CLEVELAND-CLIFFS INC.	-15.18%	8.3B
GERDAU S.A.	-3.33%	7.63B
STEEL AUTHORITY OF INDIA LIMITED	+26.89%	7.57B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : Goldman Sachs reaffirms its Neutral rating

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