Zacks Investment Research upgraded shares of Vedanta Resources plc (NASDAQ:VDNRF) from a strong sell rating to a hold rating in a report issued on Wednesday morning.
According to Zacks, “Vedanta Resources plc is engaged in exploring, extracting and processing minerals, and oil and gas. It produces zinc, lead, silver, copper, aluminum, iron ore, oil and gas and commercial power. The company operates primarily in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates. Vedanta Resources plc is headquartered in London, the United Kingdom. “
Separately, Goldman Sachs Group, Inc. (The) cut shares of Vedanta Resources plc from a conviction-buy rating to a buy rating in a research report on Tuesday, April 25th.
Vedanta Resources plc (VDNRF) traded up 0.0000% during mid-day trading on Wednesday, hitting $10.0035. Vedanta Resources plc has a 12 month low of $6.45 and a 12 month high of $13.58. The firm’s market capitalization is $2.78 billion. The stock has a 50 day moving average of $9.20 and a 200-day moving average of $9.64.
About Vedanta Resources plc
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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