Kazakhmys plc Rating Reiterated by Jefferies Group (KAZ)
Kazakhmys plc (LON:KAZ)‘s stock had its “hold” rating restated by equities researchers at Jefferies Group in a research report issued on Thursday. They currently have a GBX 350 ($5.89) target price on the stock. Jefferies Group’s target price indicates a potential upside of 11.11% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Kazakhmys plc in a research note on Wednesday. They now have a GBX 310 ($5.22) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Kazakhmys plc in a research note on Thursday, July 31st. They now have a GBX 265 ($4.46) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Kazakhmys plc in a research note on Wednesday, July 30th. They now have a GBX 350 ($5.89) price target on the stock. Six research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the stock. Kazakhmys plc has an average rating of “Hold” and an average price target of GBX 279.19 ($4.70).
Kazakhmys plc (LON:KAZ) opened at 307.90 on Thursday. Kazakhmys plc has a one year low of GBX 170.00 and a one year high of GBX 355.515. The stock has a 50-day moving average of GBX 317. and a 200-day moving average of GBX 263.. The company’s market cap is £1.373 billion.
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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