It seems ArcelorMittal's stock trades with a discount. Many analysts say ArcelorMittal is currently undervalued. Currently the company is being followed by 21 researchers. The recommendations for the stock contain 1 times sell, 3 times hold and no buys. The average target price (fair value) equals 31,12 euros. This is at around 17 percent more than the current price of 26,65 euros. The most recent recommendations for the industrial metals company are from Bank of America Merrill Lynch, Standard & Poors and Nord Landesbank.
Based on the current number of shares ArcelorMittal's market capitalization equals 27,16 billion euros.
On Thursday the stock closed at 26,65 euros.
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