Breaking Finance News

A statement released earlier today by Jefferies International about Vedanta Resources PLC (LON:VED) bumps down the target price to 500.00GBX

Boasting a price of 615.00GBX, Vedanta Resources PLC (LON:VED) traded 2.05% higher on the day. With the last close down 22.10% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Vedanta Resources PLC has recorded a 50-day average of 855.35GBX and a two hundred day average of 735.46GBX. Volume of trade was down over the average, with 554,972 shares of VED changing hands under the typical 900,453

Stating a potential downside of -0.19%, Jefferies International lowered the target price of Vedanta Resources PLC (LON:VED) to 500.00GBX

On 6/5/2017, JP Morgan Cazenove released a statement on Vedanta Resources PLC (LON:VED) bumped down the target price from 700.00GBX to 650.00GBX that suggested an upside of 0.03%.

Performance Chart

Vedanta Resources PLC (LON:VED)

With a total market value of 0 GBX, Vedanta Resources PLC has with a one year low of 558.50GBX and a one year high of 1,112.50GBX .

A total of 10 analysts have released a research note on VED. One analyst rating the company a strong buy, one analyst rating the company a buy, five analysts rating the company a hold, three analysts rating the company a underperform, and finally one analyst rating the company a sell with a one year target of 5.27GBX.

More 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.

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

Leave a Reply

Your email address will not be published. Required fields are marked *