EVRAZ (OTCMKTS:EVRZF) Downgraded by ValuEngine

ValuEngine cut shares of EVRAZ (OTCMKTS:EVRZF) from a sell rating to a strong sell rating in a report released on Thursday, ValuEngine reports.

EVRZF has been the subject of a number of other research reports. Zacks Investment Research upgraded EVRAZ from a hold rating to a buy rating and set a $9.00 price objective for the company in a report on Monday, July 15th. Goldman Sachs Group downgraded EVRAZ from a neutral rating to a sell rating in a report on Wednesday, May 1st. VTB Capital downgraded EVRAZ from a buy rating to a hold rating in a report on Tuesday, June 18th. Finally, Citigroup downgraded EVRAZ from a neutral rating to a sell rating in a report on Tuesday, June 18th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of $9.00.

EVRZF remained flat at $$8.10 during trading on Thursday. The company’s stock had a trading volume of 10 shares, compared to its average volume of 247. The company has a 50 day simple moving average of $8.08. EVRAZ has a twelve month low of $5.95 and a twelve month high of $8.95.

About EVRAZ

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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