EVRAZ plc 14.5% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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EVRAZ plc with EPIC/TICKER (LON:EVR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. EVRAZ plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 500 GBX on its stock. This now indicates the analyst believes there is a potential downside of -14.5% from the opening price of 585 GBX. Over the last 30 and 90 trading days the company share price has decreased 59.8 points and increased 55 points respectively. The 52 week high for the share price is currently at 674 GBX while the year low share price is currently 435.5 GBX.

EVRAZ plc has a 50 day moving average of 628.78 GBX and a 200 day moving average of 547.11. There are currently 1,451,907,773 shares in issue with the average daily volume traded being 2,841,650. Market capitalisation for LON:EVR is £8,232,317,072 GBP.

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