EVRAZ (LON:EVR) had its target price lowered by JPMorgan Chase & Co. from GBX 500 ($6.53) to GBX 450 ($5.88) in a research report released on Wednesday morning, Digital Look reports. The firm currently has an underweight rating on the stock.
Separately, Citigroup lowered EVRAZ from a neutral rating to a sell rating in a research report on Tuesday, June 18th.
Shares of EVRAZ stock opened at GBX 618.20 ($8.08) on Wednesday. The company has a debt-to-equity ratio of 235.45, a current ratio of 1.52 and a quick ratio of 0.87. The company has a market cap of $8.92 billion and a price-to-earnings ratio of 3.75. The firm’s 50-day moving average price is GBX 638.99. EVRAZ has a 12 month low of GBX 435.50 ($5.69) and a 12 month high of GBX 710.20 ($9.28).
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.
Read More: Economic Reports
Receive News & Ratings for EVRAZ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EVRAZ and related companies with MarketBeat.com's FREE daily email newsletter.