Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

ArcelorMittal (0RP9) Gets a Buy from Bank of America Securities

Tipranks - Tipranks - Fri Feb 27, 4:36AM CST

Bank of America Securities analyst Reinhardt van der Walt reiterated a Buy rating on ArcelorMittal yesterday and set a price target of €65.00. The company’s shares closed yesterday at €56.92.

Claim 50% Off TipRanks Premium

According to TipRanks, van der Walt is a 4-star analyst with an average return of 38.4% and an 80.00% success rate. van der Walt covers the Basic Materials sector, focusing on stocks such as Gold Fields, Harmony Gold Mining Co, and Sibanye Stillwater.

ArcelorMittal has an analyst consensus of Strong Buy, with a price target consensus of €51.94, a -8.75% downside from current levels. In a report released today, TipRanks – Google also upgraded the stock to a Buy with a €63.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of €57.42 and a one-year low of €20.54. Currently, ArcelorMittal has an average volume of 1.97M.

Based on the recent corporate insider activity of 12 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:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).