Kazakhmys plc’s Add Rating Reaffirmed at Westhouse Securities (KAZ)
Kazakhmys plc (LON:KAZ)‘s stock had its “add” rating restated by analysts at Westhouse Securities in a research report issued to clients and investors on Thursday. They currently have a GBX 350 ($5.85) target price on the stock. Westhouse Securities’ price objective points to a potential upside of 13.45% from the company’s current price.
Shares of Kazakhmys plc (LON:KAZ) opened at 304.90 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 319.7 and a 200-day moving average of GBX 272.8. The company’s market cap is £1.360 billion.
KAZ has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Kazakhmys plc in a research note on Thursday. They now have a GBX 295 ($4.93) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Kazakhmys plc in a research note on Wednesday. They now have a GBX 290 ($4.85) price target on the stock. Finally, 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. Six equities research 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. The company has a consensus rating of “Hold” and an average target price of GBX 281.47 ($4.71).
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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