A number of firms have modified their ratings and price targets on shares of Vedanta Resources plc (LON: VED) recently:
- 7/31/2017 - Vedanta Resources plc had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a GBX 840 ($11.08) price target on the stock.
- 7/24/2017 - Vedanta Resources plc had its “buy” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a GBX 925 ($12.20) price target on the stock.
- 7/14/2017 - Vedanta Resources plc had its “underweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 600 ($7.91) price target on the stock.
- 7/12/2017 - Vedanta Resources plc had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a GBX 600 ($7.91) price target on the stock.
- 7/5/2017 - Vedanta Resources plc had its price target lowered by analysts at Goldman Sachs Group, Inc. (The) from GBX 950 ($12.53) to GBX 925 ($12.20). They now have a “buy” rating on the stock.
- 6/8/2017 - Vedanta Resources plc was downgraded by analysts at Jefferies Group LLC to an “underperform” rating. They now have a GBX 500 ($6.60) price target on the stock, down previously from GBX 700 ($9.23).
- 6/5/2017 - Vedanta Resources plc had its price target lowered by analysts at J P Morgan Chase & Co from GBX 700 ($9.23) to GBX 650 ($8.57). They now have a “neutral” rating on the stock.
Vedanta Resources plc (LON VED) traded down 0.58% during trading on Tuesday, hitting GBX 765.00. 385,911 shares of the stock were exchanged. The company has a 50-day moving average price of GBX 679.78 and a 200 day moving average price of GBX 785.01. The firm’s market capitalization is GBX 2.13 billion. Vedanta Resources plc has a 1-year low of GBX 476.30 and a 1-year high of GBX 1,112.50.
The firm also recently announced a dividend, which will be paid on Wednesday, August 23rd. Shareholders of record on Thursday, July 20th will be given a GBX 26.92 ($0.36) dividend. The ex-dividend date of this dividend is Thursday, July 20th. This represents a yield of 4.24%. This is an increase from Vedanta Resources plc’s previous dividend of $16.08.
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.
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