Kazakhmys plc Rating Reiterated by Numis Securities Ltd (KAZ)
Kazakhmys plc (LON:KAZ)‘s stock had its “hold” rating restated by equities researchers at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 290 ($4.81) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential downside of 5.35% from the company’s current price.
Kazakhmys plc (LON:KAZ) opened at 303.40 on Friday. Kazakhmys plc has a 52-week low of GBX 170.00 and a 52-week high of GBX 355.515. The stock’s 50-day moving average is GBX 314.0 and its 200-day moving average is GBX 280.5. The company’s market cap is £1.356 billion.
A number of other analysts have also recently weighed in on KAZ. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Kazakhmys plc in a research note on Wednesday. They now have a GBX 318 ($5.28) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Kazakhmys plc in a research note on Friday, August 29th. They now have a GBX 350 ($5.81) price target on the stock. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 280.69 ($4.66).
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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