OZ Minerals Limited Receives “Hold” Rating from Deutsche Bank (OZL)
OZ Minerals Limited (ASX:OZL)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Monday, StockRatingsNetwork reports. They currently have a $3.60 price objective on the stock.
A number of other analysts have also recently weighed in 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. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of A$6.95 ($6.04).
Shares of OZ Minerals Limited (ASX:OZL) traded down 1.94% on Monday, hitting A$3.540. The stock had a trading volume of 1,225,544 shares. OZ Minerals Limited has a 1-year low of A$2.110 and a 1-year high of A$7.730. The stock’s 50-day moving average is A$3.34 and its 200-day moving average is A$3.96. The company’s market cap is A$1.073 billion.
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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