EVRAZ (OTCMKTS:EVRZF) Stock Rating Lowered by Zacks Investment Research

EVRAZ (OTCMKTS:EVRZF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday, Zacks.com reports.

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.”

Separately, ValuEngine cut EVRAZ from a “sell” rating to a “strong sell” rating in a report on Thursday, August 1st. Four research analysts have rated the stock with a sell rating and one has given a hold rating to the stock. The stock presently has an average rating of “Sell” and a consensus target price of $9.00.

EVRAZ Company Profile

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. The company operates through four segments: Steel; Steel, North America; Coal; and Other Operations. Its products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.