EVRAZ plc (LON:EVR) Receives Average Rating of “Sell” from Brokerages
Shares of EVRAZ plc (LON:EVR) have been given an average rating of “Sell” by the seven research firms that are currently covering the company. Six analysts have rated the stock with a sell rating and one has given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 77.17 ($1.01).
Several analysts have recently weighed in on the stock. Citigroup Inc. reaffirmed a “sell” rating on shares of EVRAZ plc in a report on Friday, August 26th. Jefferies Group reaffirmed an “underperform” rating and issued a GBX 70 ($0.91) target price on shares of EVRAZ plc in a report on Friday, August 19th. Finally, Credit Suisse Group AG raised shares of EVRAZ plc to an “outperform” rating and lifted their target price for the company from GBX 90 ($1.17) to GBX 140 ($1.83) in a report on Friday, July 1st.
In related news, insider Tatyanin ,Pavel sold 300,000 shares of the business’s stock in a transaction dated Tuesday, July 12th. The shares were sold at an average price of GBX 158 ($2.06), for a total transaction of £474,000 ($618,718.18).
EVRAZ plc (LON:EVR) traded up 6.97% on Friday, hitting GBX 197.90. 3,637,659 shares of the company traded hands. The stock’s 50-day moving average is GBX 148.46 and its 200 day moving average is GBX 135.92. EVRAZ plc has a 12 month low of GBX 54.00 and a 12 month high of GBX 200.00. The stock’s market cap is GBX 2.81 billion.
About EVRAZ plc
EVRAZ plc is a United Kingdom-based steel, mining and vanadium company. 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. The Company has four segments: Steel; Steel, North America; Coal, and Other Operations.
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