Morgan Stanley maintains ArcelorMittal at 'overweight' with a price target of EUR35.50

An analyst from Morgan Stanley maintained ArcelorMittal (AS: MT ) at 'overweight' with a price target of EUR35.50.
Prior to this rating, ArcelorMittal had 11 buy ratings, 5 hold ratings, and 1 sell ratings.
For consensus analyst estimates and price targets on ArcelorMittal, click here. For more news on ArcelorMittal, click here.
ArcelorMittal's stock price closed at $24.87. They are up 3.43% in the last month and up 11.55% in the last 12 months.
According to Investing Pro, ArcelorMittal's fair value is $36.08, an upside of 44.84%. ArcelorMittal's fair value comes with a medium degree of uncertainty, according to InvestingPro.
Check out ArcelorMittal's recent earnings performance and financials here.

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