VTB Capital revises target prices of Russian metals cos’ securities
MOSCOW, Dec 15 (PRIME) -- Investment company VTB Capital has revised target prices for shares and global depositary receipts (GDRs) of Russian metals companies, as seen by PRIME in VTB Capital’s research note on Thursday.
Below is a breakdown of the revised information:
| Company, type of security | Target price, dynamics | Target price, currency | Growth/Fall potential | Outlook |
|---|---|---|---|---|
| Evraz, share | +240% | 3.4 British pounds | +45% | To Buy from Sell |
| Severstal, GDR | +18% | U.S. $18.0 | +14% | Buy |
| Severstal, share | +11% | 1,108 rubles | +10% | Buy |
| NLMK, GDR | +8% | $21.0 | +16% | Buy |
| MMK, GDR | -5% | $9 | +27% | Buy |
(60.8079 rubles – U.S. $1)
End
15.12.2016 11:37
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