Eurasian Natural Resources Cor (LON:ENRC)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a GBX 230 ($3.72) target price on the stock. Deutsche Bank’s price target indicates a potential upside of 4.31% from the stock’s previous close.
Eurasian Natural Resources Cor (LON:ENRC) opened at 223.50 on Thursday. Eurasian Natural Resources Cor has a 52 week low of GBX 199.40 and a 52 week high of GBX 423.20. The stock’s 50-day moving average is GBX 219. and its 200-day moving average is GBX 235.6. The company’s market cap is £2.878 billion.
A number of other analysts have also recently weighed in on ENRC. Analysts at Macquarie reiterated a “neutral” rating on shares of Eurasian Natural Resources Cor in a research note to investors on Thursday, September 26th. They now have a GBX 230 ($3.72) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Eurasian Natural Resources Cor in a research note to investors on Tuesday, September 24th. They now have a GBX 250 ($4.04) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Eurasian Natural Resources Cor in a research note to investors on Monday, September 16th. They now have a GBX 250 ($4.04) price target on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 337.54 ($5.46).
Eurasian Natural Resources Corporation PLC is a diversified natural resources company. The Company operates in six segments: Ferroalloys comprises the extraction and sale of chrome ore, and production of ferroalloys; Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products; Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminum; Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa; Energy comprises coal mining and power generation, and Logistics is a freight forwarder and railroad operator.
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