ArcelorMittal Stock Target Price and Analyst Consensus
| MT Stock | USD 25.52 0.03 0.12% |
The current analyst and expert consensus on ArcelorMittal is Buy, with 2 strong buy opinions. The current projected ArcelorMittal target price consensus is 32.97 with 6 analyst opinions. The most common way ArcelorMittal SA ADR analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview ArcelorMittal executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on ArcelorMittal. We strongly encourage you to use your own analysis of ArcelorMittal SA ADR to validate this buy or sell advice. ArcelorMittal buy-or-sell recommendation module provides average expert sentiment on the projected ArcelorMittal SA ADR target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on ArcelorMittal to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 30 | Highest Forecast 36.6 | Target Price 32.97 |
ArcelorMittal |
It's important to approach ArcelorMittal's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
ArcelorMittal Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ArcelorMittal target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ArcelorMittal's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Buy |
Most ArcelorMittal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ArcelorMittal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ArcelorMittal SA ADR, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationArcelorMittal Target Price Projection
ArcelorMittal's current and average target prices are 25.52 and 32.97, respectively. The current price of ArcelorMittal is the price at which ArcelorMittal SA ADR is currently trading. On the other hand, ArcelorMittal's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
ArcelorMittal Market Quote on 11th of May 2024
Target Price
Analyst Consensus On ArcelorMittal Target Price
ArcelorMittal Analyst Ratings
ArcelorMittal's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ArcelorMittal stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ArcelorMittal's financials, market performance, and future outlook by experienced professionals. ArcelorMittal's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize ArcelorMittal price targets
ArcelorMittal's stock target price is an estimate of its future price, usually made by analysts. Using ArcelorMittal's target price to determine if it is a suitable investment can be done through the following steps:- Look at ArcelorMittal's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ArcelorMittal's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional ArcelorMittal Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ArcelorMittal is a key component of ArcelorMittal valuation and have some predictive power on the future returns of a ArcelorMittal.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ArcelorMittal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Blockchain Invested few shares | |
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Check out Macroaxis Advice on ArcelorMittal to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for ArcelorMittal Stock analysis
When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.
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The data published in ArcelorMittal's official financial statements usually reflect ArcelorMittal's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ArcelorMittal SA ADR. For example, before you start analyzing numbers published by ArcelorMittal accountants, it's critical to develop an understanding of what ArcelorMittal's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of ArcelorMittal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ArcelorMittal's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ArcelorMittal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ArcelorMittal SA ADR. Please utilize our Beneish M Score to check the likelihood of ArcelorMittal's management manipulating its earnings.