A Reversal for EVRAZ plc Is Not Near. The Stock Rises Again

The stock of EVRAZ plc (LON:EVR) is a huge mover today! The stock is up 3.15% or GBX 2.74 after the news, hitting GBX 89.84 per share. About 1.62 million shares traded hands or 12.50% up from the average. EVRAZ plc (LON:EVR) has declined 13.33% since August 6, 2015 and is downtrending. It has underperformed by 8.18% the S&P500. The move comes after 5 months positive chart setup for the GBX 1.26B company. It was reported on Mar, 7 by Barchart.com. We have GBX 137.46 PT which if reached, will make LON:EVR worth GBX 667.80M more.

Out of 15 analysts covering Evraz Plc (LON:EVR), 0 rate it “Buy”, 11 “Sell”, while 3 “Hold”. This means 0% are positive. GBX 1.13 is the highest target while GBX 0.23 is the lowest. The GBX 0.72 average target is -39.00% below today’s (GBX 89.84) stock price. Evraz Plc was the topic in 16 analyst reports since July 24, 2015 according to StockzIntelligence Inc.

EVRAZ plc is a United Kingdom-based steel, mining and vanadium company. The company has a market cap of 1.26 billion GBP. The Firm has four divisions: Steel; Steel, North America; Coal, and Other Operations. It currently has negative earnings. The Company’s Steel segment is engaged in the production of steel and related products at all mills except for those located in North America.

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