Kazakhmys plc Receives “Hold” Rating from Jefferies Group (KAZ)
Kazakhmys plc (LON:KAZ)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Friday. They currently have a GBX 300 ($5.09) price objective on the stock. Jefferies Group’s target price indicates a potential downside of 0.13% from the stock’s previous close.
Kazakhmys plc (LON:KAZ) opened at 304.70 on Friday. Kazakhmys plc has a one year low of GBX 170.00 and a one year high of GBX 324.80. The stock’s 50-day moving average is GBX 266.0 and its 200-day moving average is GBX 236.0. The company’s market cap is £1.359 billion.
A number of other firms have also recently commented on KAZ. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Kazakhmys plc in a research note on Wednesday. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Kazakhmys plc in a research note on Wednesday. They now have a GBX 330 ($5.60) price target on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Kazakhmys plc in a research note on Monday. They now have a GBX 200 ($3.40) price target on the stock. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. Kazakhmys plc presently has a consensus rating of “Hold” and a consensus price target of GBX 262.35 ($4.45).
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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