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ArcelorMittal (0RP9) Receives a Buy from Deutsche Bank

Tipranks - Tipranks - Wed Jul 8, 2:46AM CDT

In a report released today, Bastian Synagowitz from Deutsche Bank maintained a Buy rating on ArcelorMittal, with a price target of €61.00.

4th of July Sale - 70% Off

According to TipRanks, Synagowitz is ranked #960 out of 12305 analysts.

In addition to Deutsche Bank , ArcelorMittal also received a Buy from Jefferies’s Cole Hathorn in a report issued yesterday. However, on June 30, Barclays maintained a Hold rating on ArcelorMittal (LSE: 0RP9).

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The company has a one-year high of €62.60 and a one-year low of €26.35. Currently, ArcelorMittal has an average volume of 2.27M.

Based on the recent corporate insider activity of 18 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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