Accueil > Actualité
Actualite financiere : Actualite bourse

ArcelorMittal: UBS still a buyer after results

( - UBS reinstates its "buy" rating on ArcelorMittal shares, also maintaining its target price at 35 euros, which suggests upside potential of 28% for the steel giant's shares, the day after it announced its Q3 results.

"Net income was broadly in line with consensus (higher JV income offset a 2% EBITDA miss), but the positive is the $1bn top up of the ongoing buyback," the broker noted.

Copyright (c) 2021 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.