A statement released earlier today by Credit Suisse about Vedanta Resources PLC (LON:VED) keeps the target price at 330.00GBX
- Updated: October 14, 2016
Credit Suisse hold steady the stock price target of Vedanta Resources PLC (LON:VED) at 330.00GBX indicating a possible downside of -0.48%.
Previously on Tuesday October 11, 2016, Deutsche Bank released a statement about Vedanta Resources PLC (LON:VED) held steady the target price at 670.00GBX. At the time, this indicated a possible upside of 0.02%.
Just yesterday Vedanta Resources PLC (LON:VED) traded 3.34% higher at 631.00GBX. Vedanta Resources PLC’s 50-day moving average is 551.79GBX and its 200-day moving average is 464.73GBX. The last stock price is up 36.64% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 917,179 shares of VED traded hands, up from an average trading volume of 569,026
Recent Performance Chart
Vedanta Resources PLC has 52 week low of 195.16GBX and a 52 week high of 649.00GBX and has a market capitalization of 0 GBX.
Also covering Vedanta Resources PLC's target, a total of 10 brokers have issued a report on the stock. The 12-month price target is 5.27GBX with one brokerage rating the stock a strong buy, 1 analyst rating the company a buy, five brokerages rating the company a hold, three equity analysts rating the company a underperform, and lastly 1 broker rating the stock a sell.
General Information About Vedanta Resources PLC (LON:VED)
Vedanta Resources plc is a natural resources company, which is engaged in exploring, extracting and processing minerals, and oil and gas. The Company produces zinc, lead, silver, copper, aluminum, iron ore, oil and gas, and commercial power. Its operations are located in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates. Its segments include Zinc-India, Zinc-International, Oil & Gas, Iron Ore, Copper-India/Australia, Copper-Zambia, Aluminium and Power. Its geographical segments include India, China, Far East Asia, Middle East, Europe, Africa, Asia Others, UK and Others. Its Copper business includes a copper smelter, over two refineries and over two copper rod plants in India; a copper mine in Australia, and an integrated operation in Zambia consisting of approximately three mines, a leaching plant and a smelter. The Company's oil and gas operations consist of the assets of Cairn India Limited in India, Sri Lanka and South Africa.
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