Eurasian Natural Resources Corp (LON: ENRC)‘s stock had its “neutral” rating reaffirmed by research analysts at Goldman Sachs in a report released on Friday. They currently have a $6.06 (400 GBX) target price on the stock.
Eurasian Natural Resources Corp traded down 1.03% on Friday, hitting GBX 334.90. Eurasian Natural Resources Corp has a 1-year low of GBX 259.60 and a 1-year high of GBX 711.297. The stock’s 50-day moving average is currently GBX 327.8. The company’s market cap is £4.310 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital reiterated an “equal weight” rating on shares of Eurasian Natural Resources Corp in a research note to investors on Friday. Separately, analysts at Deutsche Bank cut their price target on shares of Eurasian Natural Resources Corp from $8.52 to $8.34 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Eurasian Natural Resources Corp in a research note to investors on Wednesday. They now have a $5.16 price target on the stock.
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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