Analysts take a look at Vedanta Resources plc (LON:VED) having this to say.

January 12, 2018 - By Vivian Park

 Analysts take a look at Vedanta Resources plc (LON:VED) having this to say.

Vedanta Resources plc (LON:VED) Ratings Coverage

Among 14 analysts covering Vedanta Resources PLC (LON:VED), 4 have Buy rating, 4 Sell and 6 Hold. Therefore 29% are positive. Vedanta Resources PLC had 140 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, April 12. The firm has “Hold” rating given on Friday, May 19 by Jefferies. Barclays Capital maintained Vedanta Resources plc (LON:VED) rating on Tuesday, January 12. Barclays Capital has “Underweight” rating and GBX 200 target. Deutsche Bank maintained Vedanta Resources plc (LON:VED) rating on Friday, October 30. Deutsche Bank has “Hold” rating and GBX 500 target. The rating was maintained by Deutsche Bank with “Hold” on Monday, October 12. Credit Suisse maintained the stock with “Underperform” rating in Tuesday, December 15 report. The firm has “Hold” rating by Deutsche Bank given on Friday, November 11. Barclays Capital maintained the shares of VED in report on Thursday, November 2 with “Underweight” rating. The firm earned “Neutral” rating on Thursday, March 30 by Credit Suisse. The rating was maintained by Barclays Capital on Friday, May 13 with “Underweight”. Below is a list of Vedanta Resources plc (LON:VED) latest ratings and price target changes.

08/01/2018 Broker: Barclays Capital Rating: Underweight Old Target: GBX 750.00 New Target: GBX 780.00 Maintain
13/11/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 650.00 New Target: GBX 650.00 Maintain
13/11/2017 Broker: Citigroup Rating: Buy Maintain
02/11/2017 Broker: Barclays Capital Rating: Underweight Maintain
24/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: GBX 600.00 New Target: GBX 750.00 Maintain
11/10/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 600.00 New Target: GBX 650.00 Maintain
31/08/2017 Broker: Jefferies Rating: Underperform Old Target: GBX 575.00 New Target: GBX 700.00 Maintain
31/07/2017 Broker: Citigroup Rating: Buy Old Target: GBX 840.00 New Target: GBX 840.00 Maintain
24/07/2017 Broker: Goldman Sachs Rating: Buy New Target: GBX 925.00 Maintain
14/07/2017 Broker: Barclays Capital Rating: Underweight Old Target: GBX 600.00 New Target: GBX 600.00 Maintain

The stock increased 0.46% or GBX 4.2 during the last trading session, reaching GBX 920.6. About 338,000 shares traded. Vedanta Resources plc (LON:VED) has 0.00% since January 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Vedanta Resources plc operates as a diversified natural resources firm in India, Zambia, South Africa, Namibia, the United Arab Emirates, Ireland, Australia, and Liberia. The company has market cap of 2.57 billion GBP. It primarily produces zinc, lead, silver, copper, iron ore, and aluminum deposits. It currently has negative earnings. The firm also explores for, extracts, and processes minerals, as well as gas and oil.

More recent Vedanta Resources plc (LON:VED) news were published by: Reuters.com which released: “UPDATE 1-Vedanta Resources names ex-CEO Kaura as interim chief exec” on August 30, 2017. Also Ft.com published the news titled: “Vedanta Resources returns to profit” on May 24, 2017. Seekingalpha.com‘s news article titled: “Vedanta Resources’ (VDNRF) CEO Kuldip Kalra on Q2 2018 Results – Earnings Call …” with publication date: November 11, 2017 was also an interesting one.

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