ArcelorMittal

MT

LU1598757687

Iron & Steel

Market Closed - Euronext Amsterdam Other stock markets 11:39:32 2024-04-30 am EDT			Pre-market 02:19:03 am
23.59 ^EUR	-1.91%		23.72	+0.57%

07:56am	ArcelorMittal Earnings Beat Expectations After Prices, Volumes Improve	DJ
07:17am	ArcelorMittal Q1 profit tops expectations	RE

ARCELORMITTAL : Deutsche Bank remains its Buy rating

January 16, 2024 at 07:48 am EST

In a research note published by Bastian Synagowitz, Deutsche Bank advises its customers to buy the stock. The target price is lowered from EUR 33 to EUR 31.

Latest news about ArcelorMittal

ArcelorMittal Earnings Beat Expectations After Prices, Volumes Improve	01:56am	DJ
ArcelorMittal Q1 profit tops expectations	01:17am	RE
ArcelorMittal S.A. Approves the Distribution of a Dividend	Apr. 30	CI
CAC40: limited downturn, despite the beginnings of a rate cut	Apr. 29	CF
CAC40: limited erosion, despite the beginnings of a rate cut	Apr. 29	CF
CAC40: France's rating maintained = non-event	Apr. 29	CF
CAC40: starts the week slightly up, crosses the 8100 mark	Apr. 29	CF
CAC 40: cautious rise ahead of a busy week	Apr. 29	CF
The BHP-Anglo takeover saga takes an interesting turn	Apr. 26
BHP is pursuing a slice and dice strategy for Anglo American	Apr. 25
BHP eyeing a takeover of ailing Anglo American	Apr. 25
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

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

01:00am - Q1 2024 Earnings Release

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

25.22 USD

Average target price

34.2 USD

Spread / Average Target

+35.59%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-8.12%	20.64B
NUCOR CORPORATION	-3.12%	40.48B
TATA STEEL LIMITED	+20.93%	24.67B
POSCO HOLDINGS INC.	-18.92%	22.21B
NIPPON STEEL CORPORATION	+7.71%	20.31B
STEEL DYNAMICS, INC.	+9.77%	20.48B
JFE HOLDINGS, INC.	+7.06%	9.38B
UNITED STATES STEEL CORPORATION	-23.99%	8.31B
STEEL AUTHORITY OF INDIA LIMITED	+33.89%	8.13B
CLEVELAND-CLIFFS INC.	-18.22%	7.94B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : Deutsche Bank remains its Buy 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