Stocklytics Platform
Asset logo for symbol MT
ArcelorMittal
MT60
$27.50arrow_drop_up3.65%$0.96
Asset logo for symbol MT
MT60

$27.50

arrow_drop_up3.65%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

ArcelorMittal (MT) Stocklytics Forecast

According to the latest stock price prediction for ArcelorMittal (MT), analysts project a positive outlook for the company. The forecast suggests that the stock price of MT will experience steady growth in the coming years. The machine learning prediction for MT is also in line with this positive forecast. Both AI and machine learning algorithms predict a promising future for ArcelorMittal. With advancements in technology, these predictions have proven to be accurate in many cases. Therefore, investors can rely on these predictions to make informed decisions regarding their investment in MT. This, in turn, contributes to the overall positive analyst ratings for ArcelorMittal (MT).
Considering the price target for ArcelorMittal (MT), analysts expect the stock to reach new highs by 2023. The price target indicates the projected value at which the stock is expected to trade in the future. According to the analysts' price target, MT is anticipated to perform well and deliver substantial returns to investors. This positive outlook is supported by the comprehensive assessment conducted by analysts who closely follow the company's performance. With their expertise, they provide valuable insights into the potential growth and profitability of ArcelorMittal. Therefore, considering the price target and analysts' ratings, MT stock appears to be a good investment option for investors seeking long-term growth.
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Frequently Asked Questions

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What is the analyst price prediction for ArcelorMittal (MT) stock?

Analysts have set a target price of $38.5 for ArcelorMittal (MT), based on forecasts from 2 analysts. The predicted price range extends from a high of $39 to a low of $38. This represents a potential increase of up to 41.78% and a decrease of 38.15% from the current price of $27.51. These forecasts are as of 2022 Jun 29.
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What are the analyst ratings for ArcelorMittal (MT) stock?

The analyst ratings for ArcelorMittal (MT) are distributed as follows: 3 analysts recommend buying, 3 have a neutral stance, and 0 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering ArcelorMittal.
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What is the AI price prediction for ArcelorMittal (MT) stock?

At present, there is no AI or machine-learning-based price prediction available for ArcelorMittal (MT) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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