Analysts say ArcelorMittal is low priced

It seems ArcelorMittal's stock trades with a discount. The majority of the analysts says the stock ArcelorMittal is low priced. Currently the company is being followed by 18 researchers. The recommendations spread over: 3 times sell, 2 times hold and no buys. The average of the outstanding target prices for the stock is at 18,13 euros. This is approximately 18 percent more than the current price of 15,5 euros. The most recent recommendations for the industrial metals company are from Societe Generale, ING and Jefferies & Co..

Hardly any doubt valuations ArcelorMittal

Based on the current number of outstanding shares ArcelorMittal's market capitalization is 15,81 billion euros. The ArcelorMittal stock was the past 12 months quite volatile. Since last November the stock is 31 percent lower. This year the stock price moved between 11 and 23 euro.

Historical stock prices ArcelorMittal period 2007-2019

At 12.23 the stock trades 1,39 percent higher at 15,5 euros.

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