Arcelor Mittal NY Registry Shar with ticker code (MT) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 52 and 42 calculating the mean target price we have 48.87. Now with the previous closing price of 37.24 this indicates there is a potential upside of 31.2%. The day 50 moving average is 31.28 while the 200 day moving average is 31.64. The market capitalisation for the company is $33,978m. Visit the company website at: https://corporate.arcelormittal.com
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, 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, and Ukraine; and coal mining activities in Kazakhstan. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
