Evraz (OTCMKTS:EVRZF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday. The brokerage currently has a $6.75 target price on the stock. Zacks Investment Research‘s target price points to a potential upside of 8.35% from the company’s current price.
According to Zacks, “EVRAZ plc is involved in integrated steel, mining and vanadium business. The company’s principal activities consists of manufacturing steel and steel products, Iron ore mining and enrichment , Coal mining, Manufacturing vanadium products as well as trading operations and logistics. It operates primarily in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy, Kazakhstan and South Africa. EVRAZ plc is based in London, the United Kingdom. “
Shares of Evraz stock opened at $6.23 on Friday. Evraz has a 1 year low of $5.85 and a 1 year high of $6.23.
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