Goldman upgraded ArcelorMittal from Neutral to Buy and set a new price target of $31.70
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/10/2025 | $31.70 | Neutral → Buy | Goldman |
| 3/26/2025 | Buy → Hold | Jefferies | |
| 2/14/2025 | Overweight → Equal-Weight | Morgan Stanley | |
| 11/14/2024 | $30.00 → $32.90 | Neutral → Buy | BofA Securities |
| 10/11/2024 | Overweight → Neutral | JP Morgan | |
| 8/28/2024 | $29.00 → $31.00 | Hold → Buy | Deutsche Bank |
| 8/19/2024 | Equal Weight → Overweight | Barclays | |
| 5/9/2024 | Neutral | Goldman |
6-K - ArcelorMittal (0001243429) (Filer)
SD - ArcelorMittal (0001243429) (Filer)
6-K - ArcelorMittal (0001243429) (Filer)
Jorge Luiz Ribeiro de Oliveira nominated Executive Vice President of ArcelorMittal ArcelorMittal (‘the company' or ‘the group') today announces the appointment of Everton Negresiolo as CEO of its South American Long Products and mining business and a member of the group management committee, effective 1 April 2025. Everton will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal. Everton succeeds Jefferson de Paula, who is retiring, effective 1 April 2025. Jefferson, an Executive Vice President and member of the group's management committee, joined ArcelorMittal in 1991 as a melt shop manager in one of the company's Brazilian steel plants. During his 34-year career with the
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition of 65,243,206 shares, representing c.28.41% equity interest in Vallourec, for €14.64 per share from funds managed by Apollo Global Management Inc., for a total consideration of approximately €955 million, subject to successful completion of the settlement. Following completion of this transaction, the appointment of Mr. Genuino Magalhaes Christino (Chief Financial Officer, ArcelorMittal) as director of Vallourec will
19 March 2024, 10:00 CET ArcelorMittal, the world's leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, effective 08 April 2024. Kleber will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal and he will be a member of the Group Management Committee. Stefan Buys, who has been the chief executive since October 2021, is leaving the company on 30 March 2024 to pursue other opportunities. Stefan safely advanced ArcelorMittal's mining business in both Liberia and Canada, and facilitated the progression of key projects. ArcelorMittal would like t
6 May 2025, 15.15 CET The Annual General Meeting (‘General Meeting') of shareholders of ArcelorMittal (the "Company") held today in Luxembourg approved all resolutions by a strong majority. 71.73% of the voting rights were represented at the General Meeting. The results of the votes will be posted shortly on www.arcelormittal.com under "Investors – Equity investors – Shareholders events – AGM – Annual General Meeting of shareholders, 6 May 2025" where the full documentation regarding the General Meeting is available. In particular, the shareholders: Approved the distribution of a dividend of US$0.55 per share;Re-elected Mrs. Vanisha Mittal Bhatia and Mr. Karel de Gucht as directors of Ar
Luxembourg, April 30, 2025 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month period ended March 31, 2025. 1Q 2025 key highlights: Safety focus: Protecting employee health and well-being remains an overarching priority of the Company. LTIF rate of 0.63x in 1Q 2025. dss+ safety audit recommendations implementation phase is underway Delivering higher margins than in prior cycles: The Group's results are showing resilience; the benefits of asset optimization and a diversified asset portfolio are suppor
17 April 2025, 19:00 CET ArcelorMittal today announces the publication of its first quarter 2025 sell-side analyst consensus figures. The consensus figures are based on analysts' estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha. To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of approximately 15 brokers. The listed sell-side analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved
Goldman upgraded ArcelorMittal from Neutral to Buy and set a new price target of $31.70
Jefferies downgraded ArcelorMittal from Buy to Hold
Morgan Stanley downgraded ArcelorMittal from Overweight to Equal-Weight
4 - ArcelorMittal (0001243429) (Reporting)
SC 13D/A - ArcelorMittal (0001243429) (Subject)
SC 13D/A - ArcelorMittal (0001243429) (Subject)
SC 13D/A - ArcelorMittal (0001243429) (Subject)
6 May 2025, 15.15 CET The Annual General Meeting (‘General Meeting') of shareholders of ArcelorMittal (the "Company") held today in Luxembourg approved all resolutions by a strong majority. 71.73% of the voting rights were represented at the General Meeting. The results of the votes will be posted shortly on www.arcelormittal.com under "Investors – Equity investors – Shareholders events – AGM – Annual General Meeting of shareholders, 6 May 2025" where the full documentation regarding the General Meeting is available. In particular, the shareholders: Approved the distribution of a dividend of US$0.55 per share;Re-elected Mrs. Vanisha Mittal Bhatia and Mr. Karel de Gucht as directors of Ar
Luxembourg, April 30, 2025 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month period ended March 31, 2025. 1Q 2025 key highlights: Safety focus: Protecting employee health and well-being remains an overarching priority of the Company. LTIF rate of 0.63x in 1Q 2025. dss+ safety audit recommendations implementation phase is underway Delivering higher margins than in prior cycles: The Group's results are showing resilience; the benefits of asset optimization and a diversified asset portfolio are suppor
7 April 2025, 08:30 CET Following the announced completion of its 85 million shares buyback program on 2 April 2025, ArcelorMittal (the ‘Company') announces the commencement of a new share buyback program (the ‘Program') with share repurchases to be conducted in tranches that may be announced through May 2030. Repurchases under the first tranche of the Program, which is for up to 10 million shares, will commence immediately, under the authorization given by the annual general meeting of shareholders of 30 April 2024 and subsequently, if applicable, subject to approval at the annual general meeting to be held on 6 May 2025. The actual amount of shares to be repurchased in various tranches p