OZ Minerals Limited Given Hold Rating at Deutsche Bank (OZL)
OZ Minerals Limited (ASX:OZL)‘s stock had its “hold” rating reaffirmed by research analysts at Deutsche Bank in a report released on Sunday, Stock Ratings News reports. They currently have a $3.60 price target on the stock.
Shares of OZ Minerals Limited (ASX:OZL) traded up 2.51% during mid-day trading on Friday, hitting A$3.670. The stock had a trading volume of 4,406,140 shares. OZ Minerals Limited has a 1-year low of A$2.110 and a 1-year high of A$7.730. The stock has a 50-day moving average of A$3.10 and a 200-day moving average of A$3.84. The company’s market cap is A$1.113 billion.
A number of other firms have also recently commented on OZL. Analysts at Morningstar reiterated an “accumulate” rating on shares of OZ Minerals Limited in a research note to investors on Tuesday, December 31st. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of A$7.59 ($6.84).
OZ Minerals Limited is a mining company with a focus on copper. It is also engaged in mining of gold and silver, carrying out exploration activities and development of projects.
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