Eurasian Natural Resources Corp (LON: ENRC)‘s stock had its “sector perform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Monday. They currently have a $5.64 (375 GBX) price target on the stock.
ENRC has been the subject of a number of other recent research reports. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Eurasian Natural Resources Corp in a research note to investors on Friday. They now have a $6.06 price target on the stock, up previously from $6.01. Separately, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Eurasian Natural Resources Corp in a research note to investors on Friday. Finally, 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.
Eurasian Natural Resources Corp opened at 321.90 on Monday. Eurasian Natural Resources Corp has a 52-week low of GBX 259.60 and a 52-week high of GBX 708.50. The stock’s 50-day moving average is currently GBX 327.8. The company’s market cap is £4.143 billion.
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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