Eurasian Natural Resources Cor Rating Reiterated by BNP Paribas (ENRC)
Eurasian Natural Resources Cor (LON:ENRC)‘s stock had its “neutral” rating restated by BNP Paribas in a research note issued on Tuesday, AnalystRatings.Net reports. They currently have a GBX 230 ($3.60) price target on the stock. BNP Paribas’ price objective would suggest a potential upside of 2.31% from the stock’s previous close.
Shares of Eurasian Natural Resources Cor (LON:ENRC) opened at 222.40 on Tuesday. Eurasian Natural Resources Cor has a 52-week low of GBX 199.40 and a 52-week high of GBX 423.20. The stock’s 50-day moving average is GBX 224.5 and its 200-day moving average is GBX 255.6. The company’s market cap is £2.864 billion.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Eurasian Natural Resources Cor (LON:ENRC) in a research note to investors on Thursday, August 29th. They now have a GBX 230 ($3.60) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Eurasian Natural Resources Cor (LON:ENRC) in a research note to investors on Wednesday, August 14th. They now have a GBX 240 ($3.75) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Eurasian Natural Resources Cor (LON:ENRC) in a research note to investors on Friday, August 9th.
Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 356.53 ($5.57).
Eurasian Natural Resources Corporation PLC is a diversified natural resources company. The Company operates in six segments: Ferroalloys comprises the extraction and sale of chrome ore, and production of ferroalloys; Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products; Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminum; Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa; Energy comprises coal mining and power generation, and Logistics is a freight forwarder and railroad operator.
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