Deutsche Bank AG downgraded Mechel PAO (ADR) (NYSE:MTL) to Sell in a report released today.
- Updated: November 29, 2016
Boasting a price of $5.66, Mechel PAO (ADR) (NYSE:MTL) traded -9.00% lower on the day. The last closing price is up 110.07% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. MTL has recorded a 50-day moving average of $4.80 and a 200-day moving average of $2.69. 599,299 shares of MTL traded hands, up from an average trading volume of 585,434
Deutsche Bank AG has downgraded Mechel PAO (ADR) (NYSE:MTL) to Sell in a statement released on Tuesday November 29, 2016.
On 6/27/2016, Summit Redstone Partners released a statement about Mechel PAO (ADR) (NYSE:MTL) upped the target price from $0.00 to $10.00 that suggested an upside of 5.45%.
Recent Performance Chart
Mechel PAO (ADR) has one year low of $1.23 and a one year high of $6.74 and has a market capitalization of $0.
A total of 3 equity analysts have released a research note on MTL. zero equity analysts rating the stock a strong buy, 0 firms rating the stock a buy, one brokerage rating the company a hold, three brokers rating the stock a underperform, and finally 1 broker rating the stock a sell with a average stock price target of $2.48.
More About Mechel PAO (ADR) (NYSE:MTL)
Mechel PAO, formerly Mechel OAO, is a holding company. The Company operates in the mining, steel and power industry segments. Its segments include Steel segment, comprising production and sales of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products, including forgings, stampings, and hardware, and ferrosilicon; Mining segment, comprising production and sales of coal (coking and steam), and middlings, coke and chemical products, and iron ore, which supplies raw materials to the Steel and Power segments, and also sells raw materials to third parties, and Power segment, comprising generation and sales of electricity and heat power, which supplies electricity and heat power to the Steel and Mining segments, and also sells a portion of electricity and heat power to third parties. It has freight seaports in Russia on the Sea of Japan and on the Sea of Azov, and a freight river port on the Kama River.
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