EVRAZ plc Given New GBX 100 Price Target at Jefferies Group (EVR)
Equities research analysts at Jefferies Group increased their target price on shares of EVRAZ plc (LON:EVR) from GBX 90 ($1.49) to GBX 100 ($1.65) in a research note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Jefferies Group’s target price indicates a potential downside of 12.28% from the company’s current price.
A number of other analysts have also recently weighed in on EVR. Analysts at Credit Suisse reiterated an “outperform” rating on shares of EVRAZ plc in a research note on Monday, July 7th. They now have a GBX 140 ($2.32) price target on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of EVRAZ plc in a research note on Thursday, June 12th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 119 ($1.97).
Shares of EVRAZ plc (LON:EVR) traded up 0.53% during mid-day trading on Thursday, hitting GBX 114.00. 3,409,005 shares of the company’s stock traded hands. EVRAZ plc has a 52 week low of GBX 51.35 and a 52 week high of GBX 142.90. The stock’s 50-day moving average is GBX 101.8 and its 200-day moving average is GBX 90.54. The company’s market cap is £1.678 billion.
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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