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The Vedanta Resources plc shares (LON: VED) received a consensus rating of "Hold" by the eight research firms that currently cover the firm, MarketBeat Ratings reports: Two research analysts on shares rated the stock with a sales recommendation, one issued a holdback recommendation and five gave a buy recommendation to the company. on the title of last year is GBX 940 ($ 12.51).
VED was the subject of several research reports. Goldman Sachs Group increased their price target on Vedanta Resources shares of GBX 940 ($ 12.51) to GBX 950 ($ 12.65 JPMorgan Chase & Co. increased its target price on Vedanta Resources shares from GBX 1,000 (US $ 13.31) to GBX 1,050 (US $ 13.98) and gave the company a "buy" rating in a report research on Wednesday, March 14. An "overweight" note in a research report on Friday, May 18. Peel Hunt has reevaluated its "buy" rating and set a price target of 890 GBX ($ 11.85) on equities of Vedanta Resources in a research report on Tuesday, July 3. Citigroup reduced its price target on GBX 980's Vedanta Resources ($ 13.05) to GBX 890 ($ 11.85) and issued a rating of " purchase "for the company in a research report on Tuesday, July 3. Finally, Morgan Stanley has revalued the shares of Vedanta Resources in a report of rec herche on Friday, June 29th.
Vedanta Resources opened Monday at 825.20 GBX ($ 10.99), according to MarketBeat Ratings. Vedanta Resources has a 52-week low of GBX 558.50 ($ 7.44) and a 52-week high of GBX 981.80 ($ 13.07).
The company also recently announced a dividend, which will be paid on Wednesday, August 22. Shareholders of record on Thursday, July 19 will receive a dividend of GBX 30.47 ($ 0.41) per share. This represents a return of 4.08%. The ex-dividend date is Thursday, July 19th. This is a positive change from Vedanta Resources' previous dividend of $ 18.31.
About Vedanta Resources
Vedanta Resources plc is a diversified natural resource company in India, Zambia, South Africa, Namibia, the United Arab Emirates, Ireland, Australia and the United States. 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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