Gazprombank revises target prices of Russian steelmakers
MOSCOW, Dec 18 (PRIME) -- Gazprombank has revised target prices and recommendations for shares and global depositary receipts (GRD) of Russian steelmakers, the bank said in a research note published Friday.
Below is the breakdown of revised target prices and outlook changes:
Target price dynamics | Target price, currency | Outlook | ||
---|---|---|---|---|
NLMK, GDR | -49% | U.S. $10.4 | +18% | To Hold from Buy |
MMK, GDR | +20% | $5.62 | +77% | Buy |
Severstal, GDR | -27% | $9.9 | +11% | Hold |
Evraz, share | -58% | 0.502 British pound | -18% | To Sell from Hold |
End
18.12.2015 16:13