Eurasian Natural Resources Cor Stock Rating Reaffirmed by Deutsche Bank (ENRC)
Eurasian Natural Resources Cor (LON:ENRC)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday, Analyst Ratings.Net reports. They currently have a GBX 230 ($3.69) price target on the stock. Deutsche Bank’s price target suggests a potential upside of 5.50% from the stock’s previous close.
Shares of Eurasian Natural Resources Cor (LON:ENRC) opened at 218.00 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 has a 50-day moving average of GBX 224.6 and a 200-day moving average of GBX 248.6. The company’s market cap is £2.807 billion.
A number of other firms have also recently commented on ENRC. Analysts at Macquarie reiterated a “neutral” rating on shares of Eurasian Natural Resources Cor in a research note to investors on Thursday, September 26th. They now have a GBX 230 ($3.69) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Eurasian Natural Resources Cor in a research note to investors on Tuesday, September 24th. They now have a GBX 250 ($4.01) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Eurasian Natural Resources Cor in a research note to investors on Monday, September 16th. They now have a GBX 250 ($4.01) price target on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the stock. Eurasian Natural Resources Cor presently has an average rating of “Hold” and an average target price of GBX 337.54 ($5.42).
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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