Kazakhmys plc Receives Reduce Rating from Nomura (KAZ)
Kazakhmys plc (LON:KAZ) traded down 0.16% during mid-day trading on Monday, hitting GBX 303.00. 1,142,731 shares of the company’s stock traded hands. Kazakhmys plc has a 52-week low of GBX 170.00 and a 52-week high of GBX 355.515. The stock has a 50-day moving average of GBX 319.9 and a 200-day moving average of GBX 271.0. The company’s market cap is £1.351 billion.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Kazakhmys plc in a research note on Tuesday, August 12th. They now have a GBX 290 ($4.85) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Kazakhmys plc in a research note on Thursday, August 7th. They now have a GBX 350 ($5.85) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Kazakhmys plc in a research note on Wednesday, August 6th. They now have a GBX 310 ($5.18) price target on the stock. Six investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company’s stock. Kazakhmys plc presently has a consensus rating of “Hold” and a consensus target price of GBX 279.47 ($4.67).
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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