EVRAZ plc Rating Reiterated by Jefferies Group (EVR)
EVRAZ plc (LON:EVR)‘s stock had its “hold” rating restated by research analysts at Jefferies Group in a report released on Tuesday. They currently have a GBX 90 ($1.53) price objective on the stock. Jefferies Group’s target price indicates a potential upside of 1.69% from the stock’s previous close.
Shares of EVRAZ plc (LON:EVR) traded up 1.30% during mid-day trading on Tuesday, hitting GBX 89.65. 2,411,216 shares of the company’s stock traded hands. EVRAZ plc has a 1-year low of GBX 51.35 and a 1-year high of GBX 197.59. The stock has a 50-day moving average of GBX 98.29 and a 200-day moving average of GBX 90.00. The company’s market cap is £1.320 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of EVRAZ plc in a research note on Thursday, June 12th. Separately, analysts at JPMorgan Chase & Co. upgraded shares of EVRAZ plc to a “neutral” rating in a research note on Tuesday, April 22nd. They now have a GBX 90 ($1.53) price target on the stock, down previously from GBX 116 ($1.98). Finally, analysts at Societe Generale upgraded shares of EVRAZ plc to a “buy” rating in a research note on Tuesday, April 15th. They now have a GBX 135 ($2.30) price target on the stock, up previously from GBX 108 ($1.84). Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. EVRAZ plc presently has an average rating of “Hold” and a consensus target price of GBX 127.80 ($2.18).
EVRAZ plc is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, the United States, Canada, Czech Republic, Italy and South Africa.
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