UBS Sticks to Its Hold Rating for ArcelorMittal (0RP9)
In a report released today, Andrew Jones CFA from UBS maintained a Hold rating on ArcelorMittal, with a price target of €45.00.
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Jones CFA covers the Basic Materials sector, focusing on stocks such as Nucor, Mondi plc, and Salzgitter. According to TipRanks, Jones CFA has an average return of 7.4% and a 63.27% success rate on recommended stocks.
In addition to UBS, ArcelorMittal also received a Hold from TipRanks – OpenAI’s OpenAI General GB in a report issued yesterday. However, today, TipRanks – xAI reiterated a Buy rating on ArcelorMittal (LSE: 0RP9).
Based on ArcelorMittal’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €14.97 billion and a net profit of €177 million. In comparison, last year the company earned a revenue of €14.71 billion and had a GAAP net loss of €390 million
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0RP9 in relation to earlier this year.
Read More on GB:0RP9:
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- ArcelorMittal assumed with a Sector Weight at KeyBanc
- ArcelorMittal Publishes 2025 Annual Report and Board Pay Details
- ArcelorMittal downgraded to Underweight from Overweight at JPMorgan
- ArcelorMittal price target raised to EUR 45 from EUR 39 at Barclays
- ArcelorMittal price target raised to EUR 54.30 from EUR 46.20 at Morgan Stanley
