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Deutsche Bank Reaffirms Their Buy Rating on ArcelorMittal (0RP9)

Tipranks - Tipranks - Tue Apr 14, 4:26AM CDT

In a report released today, Bastian Synagowitz from Deutsche Bank maintained a Buy rating on ArcelorMittal, with a price target of €57.00.

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According to TipRanks, Synagowitz is ranked #1055 out of 12068 analysts.

In addition to Deutsche Bank , ArcelorMittal also received a Buy from Jefferies’s Cole Hathorn in a report issued on April 8. However, on April 10, Goldman Sachs maintained a Hold rating on ArcelorMittal (LSE: 0RP9).

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The company has a one-year high of €57.42 and a one-year low of €23.28. Currently, ArcelorMittal has an average volume of 2.65M.

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.

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