Todays Report: Today, Vedanta Resources plc (VED) PT Raised to GBX 670

Today, Vedanta Resources plc (VED) PT Raised to GBX 670

Vedanta Resources plc (LON:VED) had its target price upped by equities research analysts at Deutsche Bank AG from GBX 630 ($8.22) to GBX 670 ($8.75) in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 9.03% from the company’s current price.

A number of other equities research analysts also recently issued reports on the stock. Barclays PLC boosted their price target on shares of Vedanta Resources plc from GBX 320 ($4.18) to GBX 460 ($6.00) and gave the company an “underweight” rating in a research note on Wednesday, September 21st. Jefferies Group boosted their price target on shares of Vedanta Resources plc from GBX 350 ($4.57) to GBX 400 ($5.22) and gave the company an “underperform” rating in a research note on Tuesday, August 23rd. Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 330 ($4.31) target price on shares of Vedanta Resources plc in a research note on Monday, August 1st. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 400 ($5.22) target price on shares of Vedanta Resources plc in a research note on Monday, August 1st. Finally, Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a GBX 425 ($5.55) target price on shares of Vedanta Resources plc in a research note on Tuesday, July 12th. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 378.50 ($4.94).

Vedanta Resources plc (LON:VED) opened at 630.00 on Wednesday. The stock’s market cap is GBX 1.74 billion. The firm has a 50 day moving average of GBX 535.82 and a 200-day moving average of GBX 452.92. Vedanta Resources plc has a 12-month low of GBX 195.16 and a 12-month high of GBX 631.74.

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