How Good Does Evraz Plc (LON:EVR) Look Now? Morgan Stanley Has Just Upgraded The Stock

June 29, 2018 - By Karl Shevlin

EVRAZ plc (LON:EVR) Logo

Investors sentiment increased to 1.18 in 2018 Q1. Its up 0.15, from 1.03 in 2017Q4. It increased, as 25 investors sold EVRAZ plc shares while 103 reduced holdings. 54 funds opened positions while 97 raised stakes. 36.89 million shares or 0.99% more from 36.53 million shares in 2017Q4 were reported.

Optimum Investment reported 0.01% in EVRAZ plc (LON:EVR). Oppenheimer Asset Mngmt Inc stated it has 0.02% of its portfolio in EVRAZ plc (LON:EVR). Bb&T has invested 0.05% in EVRAZ plc (LON:EVR). Lord Abbett And Ltd Llc invested 0.08% in EVRAZ plc (LON:EVR). Fdx holds 0.02% or 5,912 shares in its portfolio. Jefferies Gru Ltd Liability Corp reported 2,414 shares stake. Moreover, Ubs Asset Americas has 0% invested in EVRAZ plc (LON:EVR) for 34,778 shares. Gsa Cap Llp reported 22,501 shares stake. Verition Fund Management Ltd holds 0.02% of its portfolio in EVRAZ plc (LON:EVR) for 3,822 shares. Paloma Partners Mgmt Company holds 0.03% or 20,259 shares. Ls Invest Advisors Ltd holds 0.02% or 3,698 shares in its portfolio. Piermont Mgmt Incorporated reported 5,020 shares stake. Schroder Management Group Inc reported 22,646 shares. Proshare Advsrs Ltd reported 14,431 shares. Stone Ridge Asset Mngmt Lc invested 0.07% of its portfolio in EVRAZ plc (LON:EVR).

Since February 1, 2018, it had 0 buys, and 12 selling transactions for $59.70 million activity. Shares for $73,851 were sold by Klurfeld Jason. On Sunday, February 4 Altman Roger C sold $8.91 million worth of EVRAZ plc (LON:EVR) or 92,422 shares. 17,665 shares were sold by Arellano Ostoa Augusto, worth $1.81 million. Pensa Paul sold $129,548 worth of stock. $2.12M worth of EVRAZ plc (LON:EVR) was sold by Walsh Robert B. On Wednesday, February 21 SIBBALD ANDREW sold $129,612 worth of EVRAZ plc (LON:EVR) or 1,336 shares.

Evraz Plc (LON:EVR) Stock Upgrade

Morgan Stanley upgraded shares of Evraz Plc (LON:EVR) to a solid Equal weight rating in a report issued on 29 June. Analysts currently have a GBX 510.00 target set on the stock. This target would suggest a possible downside of -1.18 % from the current price of the stock.

EVRAZ plc (LON:EVR) Ratings Coverage

Among 5 analysts covering Evraz (LON:EVR), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Evraz has GBX 510 highest and GBX 425 lowest target. GBX 379.75’s average target is -25.30% below currents GBX 508.4 stock price. Evraz had 5 analyst reports since February 12, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Friday, March 2 by Jefferies. The firm has “Buy” rating given on Monday, February 12 by Goldman Sachs. Morgan Stanley upgraded it to “Equal Weight” rating and GBX 510 target in Friday, June 29 report. The firm has “Buy” rating given on Friday, April 27 by Deutsche Bank.

The stock increased 0.28% or GBX 1.4 during the last trading session, reaching GBX 508.4. About 2.44 million shares traded. EVRAZ plc (LON:EVR) has 0.00% since June 29, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await EVRAZ plc (LON:EVR) to report earnings on July, 26. They expect $1.49 EPS, up 40.57 % or $0.43 from last year’s $1.06 per share. EVR’s profit will be $21.51 million for 85.30 P/E if the $1.49 EPS becomes a reality. After $2.24 actual EPS reported by EVRAZ plc for the previous quarter, Wall Street now forecasts -33.48 % negative EPS growth.

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. The company has market cap of 7.34 billion GBP. The firm operates through four divisions: Steel; Steel, North America; Coal; and Other Operations. It has a 10.59 P/E ratio. The Company’s products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.