Analysts forecast ArcelorMittal to turn in USD2.1 billion for Q2


Sell-side analysts said ArcelorMittal will turn in USD2.1 billion for the second quarter and for the first half year, USD4.3 billion Ebitda.

The 23 analysts said their consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Vuma Financial Services Limited (trade name: Vuma Consensus).

To arrive at the consensus figure below, Vuma Consensus 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 between 25-30 brokers. The listed analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.

The sell-side analysts who cover ArcelorMittal and whose estimates are included in the group consensus outlined above are the following:

  • ABN Amro – Philip Ngotho
  • Banco Sabadell – Francisco José Rodríguez Sánchez
  • Bank of America Merrill Lynch – Cedar Ekblom
  • Barclays Bank – Vladimir Sergievskiy
  • BBVA – Luis de Toledo
  • Berenberg – Alessandro Abate
  • Citi – Ephrem Ravi
  • Clarkson Platou Securities – Lee McMillan
  • Commerzbank – Ingo-Martin Schachel
  • Cowen – Novid Rassouli
  • Credit Suisse – Michael Shillaker
  • Degroof Petercam – Frank Claassen
  • Deutsche Bank – Bastian Synagowitz
  • Exane – Luc Pez
  • Goldman Sachs – Eugene King, Kevin Hellegard
  • Grupo Santander – Robert Jackson
  • GVC Gaesco Beka – Iñigo Recio Pascual
  • ING – Stijn Demeester
  • Jefferies – Seth Rosenfeld
  • Morgan Stanley – Alain Gabriel
  • RBC Capital Markets – Ioannis Masvoulas
  • Société Générale – Christian Georges
  • UBS – Carsten Riek

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