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Vedanta Resources plc (LON:VED) has been given an average recommendation of “Hold” by the sixteen ratings firms that are currently covering the company, Stock Ratings Network reports. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,128.13 ($18.98).

A number of research firms have recently commented on VED. Analysts at Jefferies Group reiterated a “hold” rating on shares of Vedanta Resources plc in a research note on Thursday. They now have a GBX 1,200 ($20.19) price target on the stock. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Vedanta Resources plc in a research note on Monday, August 4th. They now have a GBX 1,250 ($21.03) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Vedanta Resources plc from GBX 1,185 ($19.94) to GBX 1,250 ($21.03) in a research note on Thursday, July 31st. They now have a “hold” rating on the stock.

Vedanta Resources plc (LON:VED) opened at 1013.00 on Wednesday. Vedanta Resources plc has a 52 week low of GBX 748.00 and a 52 week high of GBX 1286.00. The stock’s 50-day moving average is GBX 1102.18 and its 200-day moving average is GBX 979.5. The company’s market cap is £2.775 billion.

Vedanta Resources plc is a diversified metals and mining company. Its segments include zinc, iron ore, copper, aluminum, power and oil and gas.

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