Peel Hunt reiterates Vedanta Resources (VED) purchase note



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The action of Vedanta Resources (LON: VED) had its note "purchase" reaffirmed by Peel Hunt analysts in a research note published Tuesday, they currently a target price of GBX 890 ($ 11.85) on the security, Peel Hunt's target price suggesting a potential upside of 8.35% over the previous closing of the security.

Citigroup reduced its price target on Vedanta Resources shares of GBX 980 ($ 13.05) to GBX 890 (US $ 11.85) and made a "buy" note on the stock in a note of research published Tuesday. Vedanta Resources' stock price target went from GBX 1,000 (US $ 13.31) to GBX 1,050 (US $ 13.98) and attributed an "overweight" rating in the stock. a research note from Friday, May 18th. weight "in a research note on Friday, June 29 Finally, Goldman Sachs Group raised its price target on GBX 940's Vedanta Resources ($ 12.51) to GBX 950 ($ 12.65) and awarded note "purchase" for research title on Wednesday, March 14. Two equity research analysts evaluated the stock with a sales note, one assigned a reserve rating and five awarded a rating of The stock currently has a consensus rating of "Hold" and an average price target of GBX 917.14 ($ 12.21).

The title of Vedanta Resources opened on Tuesday at GBX $ 821.40 ($ 10.94) Vedanta Resources has a 52 week low of GBX 558.50 ($ 7.44) and a 52-week high of GBX 981.80 ($ 13.07).

Company Profile Vedanta Resources

Vedanta Resources plc is a diversified natural resource company in India, Zambia, South Africa, Namibia, the United States United Arab Emirates, Ireland, Australia and Liberia. It produces mainly zinc, lead, silver, copper, iron ore and aluminum deposits. The company also explores for extracts, and processes minerals, as well as oil and gas.

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