Zacks Investment Research Upgrades Evraz PLC (EVRZF) to Buy

Evraz PLC (NASDAQ:EVRZF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday. The firm currently has a $2.75 price objective on the stock.

According to Zacks, “EVRAZ plc is involved in integrated steel, mining and vanadium business. The company’s principal activities consists of manufacturing steel and steel products, Iron ore mining and enrichment , Coal mining, Manufacturing vanadium products as well as trading operations and logistics. It operates primarily in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy, Kazakhstan and South Africa. EVRAZ plc is based in London, the United Kingdom. “

Evraz PLC (NASDAQ:EVRZF) opened at 2.24 on Thursday. Evraz PLC has a 52-week low of $2.06 and a 52-week high of $3.39. The company’s market cap is $3.21 billion. The stock has a 50 day moving average of $2.24 and a 200-day moving average of $2.36.

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