Zacks Investment Research upgraded shares of EVRAZ (OTCMKTS:EVRZF – Get Rating) from a sell rating to a hold rating in a research report report published on Wednesday, Zacks.com reports.
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. “
A number of other research analysts have also recently weighed in on EVRZF. The Goldman Sachs Group upgraded shares of EVRAZ from a sell rating to a neutral rating in a research note on Tuesday, February 15th. Citigroup assumed coverage on shares of EVRAZ in a research note on Wednesday, February 16th. They issued a buy rating on the stock.
EVRZF opened at $1.22 on Wednesday. EVRAZ has a fifty-two week low of $0.70 and a fifty-two week high of $10.04. The firm’s fifty day moving average is $1.27 and its 200 day moving average is $5.36.
EVRAZ Company Profile (Get Rating)
EVRAZ plc, together with its subsidiaries, engages in the production and distribution of steel and related products in Russia, the Americas, Asia, Europe, CIS, Africa, and internationally. It operates through four segments: Steel; Steel, North America; Coal; and Other Operations. The company offers steel and value-added products, including infrastructure steel, rails, large-diameter pipes, and oil country tubular goods.
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