Vedanta Limited (VEDL) Given Media Sentiment Rating of 0.25
Media stories about Vedanta Limited (NYSE:VEDL) have been trending positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vedanta Limited earned a news impact score of 0.25 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 45.3269689861614 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several research analysts recently issued reports on the stock. BidaskClub upgraded shares of Vedanta Limited from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Jefferies Group LLC downgraded shares of Vedanta Limited from a “hold” rating to an “underperform” rating in a research report on Thursday, June 8th. Finally, Goldman Sachs Group, Inc. (The) downgraded shares of Vedanta Limited from a “conviction-buy” rating to a “buy” rating in a research report on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Vedanta Limited presently has an average rating of “Buy”.
Vedanta Limited (NYSE VEDL) opened at 18.76 on Monday. The company’s 50-day moving average is $17.33 and its 200 day moving average is $15.74. The firm has a market cap of $17.42 billion, a P/E ratio of 14.79 and a beta of 1.88. Vedanta Limited has a 12 month low of $9.42 and a 12 month high of $19.20.
Vedanta Limited Company Profile
Vedanta Limited is a natural resource company engaged in the business of manufacturing copper and copper products, and aluminum and aluminum products. The Company’s segments include Copper, which consists of manufacturing of copper cathode, continuous cast copper rod and anode slime, including from purchased concentrate and manufacturing of precious metal from anode slime, sulfuric acid, phosphoric acid; Iron ore; Aluminium, which consists of manufacturing of alumina and various aluminum products; Power, which consists of power, including power facilities engaged in generation and sale of commercial power, and Other, which consists pig iron and metallurgical coke.
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