English

Choose language

Back

  • Deutsch

  • ελληνική

  • English

  • Español

  • Français

  • Polski

  • Português

  • Русский

  • Українська


English

How do you prefer to top up your account?

* We don't charge any commission for making deposits into your account

ArcelorMittal

12.2%
Growth potential
18.13 USD
Price per share
USD
2.33%
Dividend income
ArcelorMittal sold by lots comprising 1 pc.
Enter the number of securities
Order price:
Brokerage commission:
Transfer commission:
Transforming tomorrow
Why invest in ArcelorMittal?
  • The largest metallurgy company across the globe
  • Number 152 among the largest companies by Forbes Global 2000 in 2018
  • The largest ROI across all competition
  • Over $16B market cap as of now


1d
1w
1mo
6mths
All the time
Recommendations of the largest investment banks
Kepler
Buy
01.10.2020
BofA Securities
Buy
17.09.2020
Goldman
Buy
15.07.2020
Societe Generale
Hold
23.06.2020
Financial indicators
Capitalization
23.23B USD
P / E
4.71
Profit
75.42B USD
Net profit
8.01B USD
The general recommendation of investment banks

Buy

Based on the analytics from 7 of the world's largest investment banks over the past 3 months

Forecasted prices

Target price

20.65 USD

(20.41% Growth potential)

Based on the data from 7 of the leading investment banks

ArcelorMittal is the world's leading steel manufacturing company headquartered in Luxembourg and producing approximately 10% of the world's steel. It was created in the early 21st century through the merging of Arcelor, a new Luxembourg owned company, and Mittal Steel, a giant Indian steel producer. The owner of the latter, Lakshmi Mittal, with 40% of its shares became chairman of the new corporation. The company specializes in coal and iron ore mining and processing all over the world, including the countries of the CIS. Soon after the merging, the company showed up negative trends owing to the difficult situation in global markets, it had to close entire factories. Ten years later its financial standing was stabilized, and in 2017 the company announced its annual profit. These days ArcelorMittal demonstrates overall progress in all indicators. China has become its principal partner, that's why the company is planning to open up new enterprises in that country. At the same time, new plants have been acquired in the USA and Italy. ArcelorMittal shares have good growth prospects - in spite of the general decline in the steel industry, the company has yielded positive results in a short period of time. In 2017 the company's net income amounted to $4.5 billion. All funds are invested in research and development of new steel grades for the automotive industry. Among over 200 steel varieties, ArcelorMittal has released a high-strength one which is one-third stronger than steels that came out before.

Receive ideas for profitable investments - faster than the market

We will be sending you a letter once a week with the most relevant information

Congratulations!

Now you will always be aware of which stocks are more profitable to invest in