EVRAZ plc Can’t Burn Your Long Portfolio. Has Another Strong Session

 EVRAZ plc Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of EVRAZ plc (LON:EVR) is a huge mover today! The stock increased 4.66% or GBX 12.25 on November 23, hitting GBX 275.05. About 3.83 million shares traded hands or 42.91% up from the average. EVRAZ plc (LON:EVR) has risen 82.25% since April 25, 2016 and is uptrending. It has outperformed by 76.92% the S&P500.
The move comes after 7 months positive chart setup for the GBX 3.93 billion company. It was reported on Nov, 23 by Barchart.com. We have GBX 299.80 PT which if reached, will make LON:EVR worth GBX 353.70 million more.

EVRAZ plc (LON:EVR) Ratings Coverage

Out of 7 analysts covering Evraz Plc (LON:EVR), 1 rate it a “Buy”, 6 “Sell”, while 0 “Hold”. This means 14% are positive. GBX 140 is the highest target while GBX 30 is the lowest. The GBX 80.83 average target is -70.61% below today’s (GBX 275.05) stock price. Evraz Plc has been the topic of 25 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, August 28 by Jefferies. The stock has “Sell” rating given by Deutsche Bank on Thursday, March 17. The rating was maintained by Citigroup on Friday, August 26 with “Sell”. The rating was maintained by Jefferies with “Underperform” on Friday, August 19. The rating was maintained by Jefferies on Tuesday, October 20 with “Hold”. The firm has “Underperform” rating by Jefferies given on Friday, February 5. Jefferies maintained the shares of EVR in a report on Thursday, September 3 with “Hold” rating. JP Morgan maintained the stock with “Underweight” rating in Thursday, April 28 report. Jefferies downgraded the stock to “Underperform” rating in Wednesday, January 13 report. On Thursday, September 1 the stock rating was maintained by Jefferies with “Underperform”.

EVRAZ plc is a United Kingdom-based steel, mining and vanadium company. The company has a market cap of 3.93 billion GBP. The Company’s principal activities include manufacturing steel and steel products, iron ore mining and enrichment, coal mining, manufacturing vanadium products, and trading activities and logistics. It currently has negative earnings. The Firm has four divisions: Steel; Steel, North America; Coal, and Other Operations.

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