ArcelorMittal SA (ADR) (NYSE:MT) stock has received a short term price target of $ 13.63 from 4 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.04.
ADRs of ArcelorMittal SA (ADR) (NYSE:MT) climbed over 1% Tuesday morning after the steel and mining giant reported Monday it agreed to sell its stake in the Kuzbass coal mines in Siberia to Russia's National Fuel Company.
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ArcelorMittal SA (ADR) (NYSE:MT) was in the news recently after the stock of the company was downgraded at Bofa/Merill from buy to neutral as the analysts at Bofa/Merill believed that the growth prospects of the company looked weak going forward.