[Ferro-alloys.com]Eurasian Natural Resources Cor (LON:ENRC)‘s stock had its “underperform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork reports. They currently have a GBX 250 ($4.00) price target on the stock. RBC Capital’s target price would indicate a potential upside of 15.10% from the stock’s previous close.

 

Shares of Eurasian Natural Resources Cor (LON:ENRC) opened at 217.00 on Tuesday. Eurasian Natural Resources Cor has a one year low of GBX 199.40 and a one year high of GBX 423.20. The stock’s 50-day moving average is GBX 224.6 and its 200-day moving average is GBX 248.6. The company’s market cap is £2.794 billion.

 

Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Eurasian Natural Resources Cor (LON:ENRC) in a research note to investors on Tuesday, September 10th. They now have a GBX 230 ($3.68) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Eurasian Natural Resources Cor (LON:ENRC) in a research note to investors on Thursday, August 29th. They now have a GBX 230 ($3.68) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Eurasian Natural Resources Cor (LON:ENRC) in a research note to investors on Friday, August 9th.

 

Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 357.05 ($5.72).

 

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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