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ArcelorMittal (0RP9) Receives a Rating Update from a Top Analyst

Tipranks - Fri Feb 13, 8:02PM CST

In a report released on February 11, Boris Bourdet from Kepler Capital maintained a Buy rating on ArcelorMittal, with a price target of €55.00.

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According to TipRanks, Bourdet is a top 100 analyst with an average return of 72.6% and a 100.00% success rate.

In addition to Kepler Capital , ArcelorMittal also received a Buy from Jefferies’s Cole Hathorn in a report issued on February 11. However, on February 7, TipRanks – OpenAI reiterated a Hold rating on ArcelorMittal (LSE: 0RP9).

The company has a one-year high of €53.32 and a one-year low of €20.54. Currently, ArcelorMittal has an average volume of 1.93M.

Based on the recent corporate insider activity of 13 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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