EVRAZ plc (EVR) Given Underperform Rating at Jefferies Group LLC
EVRAZ plc (LON:EVR)‘s stock had its “underperform” rating reiterated by research analysts at Jefferies Group LLC in a note issued to investors on Thursday. They presently have a GBX 200 ($2.66) price target on the stock. Jefferies Group LLC’s price objective would suggest a potential downside of 38.86% from the company’s previous close.
EVRAZ plc (LON EVR) traded up 3.38% on Thursday, hitting GBX 327.10. The company’s stock had a trading volume of 5,023,940 shares. The firm has a 50 day moving average of GBX 311.82 and a 200-day moving average of GBX 244.38. EVRAZ plc has a 12 month low of GBX 169.80 and a 12 month high of GBX 339.10. The stock’s market cap is GBX 4.68 billion.
In related news, insider Alexander Abramov sold 749,635 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of GBX 318 ($4.23), for a total transaction of £2,383,839.30 ($3,167,471.83).
About EVRAZ plc
EVRAZ plc is a steel, mining and vanadium business with operations in the Russian Federation, Ukraine, the United States, Canada, the Czech Republic, Italy, Kazakhstan and South Africa. The Company’s principal activities include manufacturing steel and steel products; iron ore mining and enrichment; coal mining; manufacturing vanadium products, and trading operations and logistics.
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