Kazakhmys plc Rating Reiterated by Westhouse Securities (KAZ)
Kazakhmys plc (LON:KAZ)‘s stock had its “add” rating reiterated by research analysts at Westhouse Securities in a report released on Wednesday. They currently have a GBX 350 ($5.94) price target on the stock. Westhouse Securities’ price objective suggests a potential upside of 10.97% from the stock’s previous close.
Shares of Kazakhmys plc (LON:KAZ) opened at 315.40 on Wednesday. Kazakhmys plc has a 1-year low of GBX 170.00 and a 1-year high of GBX 355.515. The stock’s 50-day moving average is GBX 314.5 and its 200-day moving average is GBX 260.1. The company’s market cap is £1.407 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “reduce” rating on shares of Kazakhmys plc in a research note on Thursday, July 24th. They now have a GBX 275 ($4.67) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Kazakhmys plc in a research note on Thursday, July 24th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Kazakhmys plc in a research note on Thursday, July 24th. They now have a GBX 330 ($5.60) price target on the stock. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 279.19 ($4.74).
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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