Report
EUR 13.20 For Business Accounts Only

An unfavourable environment weighs on ARCELORMITTAL, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of ARCELORMITTAL (FR), active in the Steel industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date March 11, 2022, the closing price was EUR 27.69 and its target price was estimated at EUR 21.94.
Underlying
ArcelorMittal SA

ArcelorMittal is a steel company, based in Luxembourg, with operations in more than 60 countries. Co. is active in all major global steel markets, including automotive, construction, household appliances and packaging, as well as activities in Research & Development and technology, with captive supplies of raw materials and its own distribution network. Co. has an industrial presence in over 20 countries spanning four continents, covering key steel markets, from emerging to mature. Co. offers a complete spectrum of steel products from commodity steel to value-added products, from long products to flat, from standard to specialty products, from carbon steel to stainless steel and alloys.

Provider
TheScreener
TheScreener

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