ArcelorMittal

MT

LU1598757687

Iron & Steel

Market Closed - Euronext Amsterdam Other stock markets 11:35:13 2024-04-25 am EDT			After market 03:59:56 pm
23.54 ^EUR	-0.42%		23.56	+0.06%

05:43pm	BHP is pursuing a slice and dice strategy for Anglo American
09:12am	BHP eyeing a takeover of ailing Anglo American

ARCELORMITTAL : JP Morgan reiterates its Neutral rating

May 05, 2023 at 07:50 am EDT

Initially Neutral on the company, JP Morgan's analyst Dominic O'Kane maintained his recommendation. The target price is unchanged and still at EUR 25.

Latest news about ArcelorMittal

BHP is pursuing a slice and dice strategy for Anglo American	11:43am
BHP eyeing a takeover of ailing Anglo American	03:12am
ARCELORMITTAL : UBS gives a Buy rating	Apr. 23	ZD
ArcelorMittal: secures $280 million in tax credits in Calvert	Apr. 23	CF
ArcelorMittal's Electrical Steel Project Lands $281 Million Aid From US Government	Apr. 22	MT
G-Tekt Enters into Licensing Agreement with ArcelorMittal	Apr. 22	MT
ARCELORMITTAL : Barclays reiterates its Neutral rating	Apr. 19	ZD
G-Tekt Corporation Enters into Licensing Agreement with ArcelorMittal, S.A	Apr. 18	CI
ArcelorMittal Shares Decline Following Downgrade From Deutsche Bank	Apr. 16	MT
Top Midday Decliners	Apr. 16	MT
US Stocks Lacking Direction Prior to Powell Remarks, Investors Looking for Signs of Future Rate Cuts by Federal Reserve	Apr. 16	MT
European Equities Close Sharply Lower in Tuesday Trading; IMF Cuts Growth Forecast for Euro Area, EU	Apr. 16	MT
Deutsche Bank Downgrades ArcelorMittal to Hold From Buy, Price Target at $31	Apr. 16	MT
ARCELORMITTAL : Deutsche Bank downgrades to 'hold	Apr. 16	CF
ARCELORMITTAL : Reduced to Neutral by Deutsche Bank	Apr. 16	ZD
ArcelorMittal: share price falls on downgrade	Apr. 16	CF
U.S. Futures, European Stocks Drop	Apr. 16	DJ
Goodbye to early rate cuts and rising crude oil prices punish the IBEX	Apr. 16	RE
ARCELORMITTAL : Receives a Buy rating from JP Morgan	Apr. 16	ZD
European Equities Close Higher in Monday Trading; ECB Survey Finds Tightening Financial Conditions in Q1	Apr. 08	MT
ARCELORMITTAL : Buy rating from Jefferies	Apr. 08	ZD
ARCELORMITTAL : Jefferies reaffirms its Buy rating	Apr. 04	ZD
ArcelorMittal S.A. Announces Stepped Down of Karyn Ovelmen as Chair of the Board?S Audit & Risk Committee, Effective 30 April 2024	Mar. 29	CI
ARCELORMITTAL : JP Morgan keeps its Buy rating	Mar. 27	ZD
ArcelorMittal Details Changes to Reporting Segments from FY24	Mar. 27	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

2024-04-30 - Annual General Meeting

Related indices

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

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

ARCELORMITTAL : Integrating the FY23 results...with no impact on our forecasts

February 13, 2024 at 10:42 am EST

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

BUY

Number of Analysts

Last Close Price

25.26 USD

Average target price

34.22 USD

Spread / Average Target

+35.47%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-8.32%	20.7B
NUCOR CORPORATION	+1.06%	41.46B
TATA STEEL LIMITED	+20.14%	24.8B
POSCO HOLDINGS INC.	-21.42%	21.84B
NIPPON STEEL CORPORATION	+6.16%	20.74B
STEEL DYNAMICS, INC.	+12.64%	20.52B
JFE HOLDINGS, INC.	+6.01%	9.78B
CLEVELAND-CLIFFS INC.	-10.72%	8.71B
UNITED STATES STEEL CORPORATION	-23.60%	8.23B
STEEL AUTHORITY OF INDIA LIMITED	+33.40%	8.16B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : JP Morgan reiterates 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