Brokerages Set EVRAZ plc (EVR) PT at $560.25
Shares of EVRAZ plc (LON:EVR) have received an average recommendation of “Hold” from the five ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 555.25 ($7.26).
EVR has been the topic of a number of analyst reports. Goldman Sachs Group increased their price objective on EVRAZ from GBX 550 ($7.19) to GBX 600 ($7.84) and gave the company a “neutral” rating in a report on Friday, March 1st. JPMorgan Chase & Co. initiated coverage on EVRAZ in a report on Monday, March 25th. They set an “underweight” rating and a GBX 520 ($6.79) price objective on the stock. Finally, Citigroup lowered EVRAZ to a “neutral” rating and set a GBX 611 ($7.98) price objective on the stock. in a report on Friday, March 29th.
Shares of LON EVR traded up GBX 0.20 ($0.00) during mid-day trading on Wednesday, reaching GBX 589.40 ($7.70). 3,186,334 shares of the company traded hands, compared to its average volume of 3,580,000. The company has a debt-to-equity ratio of 235.45, a quick ratio of 0.87 and a current ratio of 1.52. The firm has a market cap of $8.59 billion and a price-to-earnings ratio of 3.57. EVRAZ has a fifty-two week low of GBX 435.50 ($5.69) and a fifty-two week high of GBX 674 ($8.81).
EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. It operates through four segments: Steel; Steel, North America; Coal; and Other Operations. The company's 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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