Kazakhmys plc Rating Reiterated by Numis Securities Ltd (KAZ)
Kazakhmys plc (LON:KAZ)‘s stock had its “hold” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Wednesday. They currently have a GBX 290 ($4.85) price objective on the stock. Numis Securities Ltd’s price target points to a potential downside of 5.35% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Kazakhmys plc in a research note on Monday. They now have a GBX 330 ($5.52) price target on the stock. Separately, analysts at Nomura reiterated a “reduce” rating on shares of Kazakhmys plc in a research note on Monday. Finally, 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. Six research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company’s stock. Kazakhmys plc currently has a consensus rating of “Hold” and an average target price of GBX 279.47 ($4.67).
Shares of Kazakhmys plc (LON:KAZ) opened at 306.60 on Wednesday. Kazakhmys plc has a 1-year low of GBX 170.00 and a 1-year high of GBX 355.515. The stock has a 50-day moving average of GBX 319.6 and a 200-day moving average of GBX 271.9. The company’s market cap is £1.368 billion.
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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