JPMorgan downgrades Vedanta to 'neutral' with a price target of INR280.00

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JPMorgan downgrades Vedanta to 'neutral' with a price target of INR280.00

An analyst from JPMorgan downgraded Vedanta (NS: VDAN ) from 'overweight' to 'neutral' with a price target of INR280.00 from a prior price target of INR350.00.

Prior to this rating, Vedanta had 7 buy ratings, 4 hold ratings, and 3 sell ratings.

For consensus analyst estimates and price targets on Vedanta, click here. For more news on Vedanta, click here.

Vedanta's stock price closed at $278.30. They are down -0.29% in the last month and down -13.22% in the last 12 months.

According to Investing Pro, Vedanta's fair value is $351.53, an upside of 26.38%. Vedanta's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Vedanta's recent earnings performance and financials here.

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