Analysts who follow ArcelorMittal SA (MT) on average expect it to climb 21.28% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns MT an Analyst Ranking of 32, which means it ranks higher than 32 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating MT a Buy today. Find out what this means to you and get the rest of the rankings on MT!
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With ArcelorMittal SA Stock Today?
ArcelorMittal SA (MT) stock has risen 0.17% while the S&P 500 is lower by -0.06% as of 9:55 AM on Wednesday, Nov 30. MT has gained $0.05 from the previous closing price of $26.73 on volume of 213,662 shares. Over the past year the S&P 500 is lower by -13.39% while MT is lower by -0.04%. MT earned $13.74 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.95.
Click Here to get the full Stock Report for ArcelorMittal SA stock.
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