Zacks Investment Research cut shares of EVRAZ (OTCMKTS:EVRZF) from a hold rating to a sell rating in a report published on Monday morning, Zacks.com reports.

According to Zacks, “EVRAZ plc is involved in integrated steel, mining and vanadium business. The company’s principal activities consists of manufacturing steel and steel products, Iron ore mining and enrichment , Coal mining, Manufacturing vanadium products as well as trading operations and logistics. It operates primarily in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy, Kazakhstan and South Africa. EVRAZ plc is based in London, the United Kingdom. “

Several other equities research analysts have also commented on the stock. Citigroup lowered shares of EVRAZ from a neutral rating to a sell rating in a report on Tuesday, June 18th. VTB Capital lowered shares of EVRAZ from a buy rating to a hold rating in a report on Tuesday, June 18th. Finally, ValuEngine lowered shares of EVRAZ from a sell rating to a strong sell rating in a report on Thursday, August 1st. Four equities research analysts have rated the stock with a sell rating and one has given a hold rating to the company’s stock. The company has an average rating of Sell and an average target price of $9.00.

OTCMKTS:EVRZF opened at $5.95 on Monday. EVRAZ has a one year low of $5.95 and a one year high of $8.95. The firm has a 50-day simple moving average of $7.19 and a 200-day simple moving average of $7.76.

EVRAZ Company Profile

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. The company operates through four segments: Steel; Steel, North America; Coal; and Other Operations. Its products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.

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