Eurasian Natural Resources Corp Stock Rating Reaffirmed by Exane BNP Paribas (ENRC)
Eurasian Natural Resources Corp (LON: ENRC)‘s stock had its “neutral” rating reiterated by investment analysts at Exane BNP Paribas in a note issued to investors on Friday. They currently have a $5.48 (340 GBX) target price on the stock.
Shares of Eurasian Natural Resources Corp opened at 313.50 on Friday. Eurasian Natural Resources Corp has a one year low of GBX 293.60 and a one year high of GBX 759.00. The company’s market cap is £4.035 billion.
A number of other firms have also recently commented on ENRC. Analysts at VTB Capital reiterated a “buy” rating on shares of Eurasian Natural Resources Corp in a research note to investors on Wednesday. They now have a $10.48 price target on the stock. Separately, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Eurasian Natural Resources Corp in a research note to investors on Tuesday, September 11th. They now have a $6.77 price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Eurasian Natural Resources Corp in a research note to investors on Thursday, September 6th. They now have a $7.14 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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