Insider Buying: KAZ Minerals PLC (KAZ) Insider Purchases 74 Shares of Stock
KAZ Minerals PLC (LON:KAZ) insider Southam,Andrew purchased 74 shares of the company’s stock in a transaction that occurred on Tuesday, September 20th. The shares were purchased at an average cost of GBX 202 ($2.64) per share, for a total transaction of £149.48 ($195.12).
Southam,Andrew also recently made the following trade(s):
- On Monday, August 22nd, Southam,Andrew acquired 77 shares of KAZ Minerals PLC stock. The shares were bought at an average cost of GBX 195 ($2.55) per share, with a total value of £150.15 ($195.99).
- On Wednesday, July 20th, Southam,Andrew acquired 112 shares of KAZ Minerals PLC stock. The shares were bought at an average cost of GBX 134 ($1.75) per share, with a total value of £150.08 ($195.90).
KAZ Minerals PLC (LON:KAZ) traded up 2.73% during trading on Thursday, hitting GBX 214.40. 1,140,937 shares of the stock traded hands. The firm’s market cap is GBX 957.33 million. The firm has a 50-day moving average price of GBX 179.06 and a 200 day moving average price of GBX 160.52. KAZ Minerals PLC has a 12 month low of GBX 65.10 and a 12 month high of GBX 217.65.
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A number of analysts have commented on KAZ shares. Macquarie reissued an “outperform” rating and set a GBX 200 ($2.61) price objective on shares of KAZ Minerals PLC in a report on Monday, September 5th. Jefferies Group boosted their price objective on KAZ Minerals PLC from GBX 150 ($1.96) to GBX 200 ($2.61) and gave the stock a “hold” rating in a report on Tuesday, August 23rd. Credit Suisse Group AG raised KAZ Minerals PLC to an “outperform” rating and boosted their price objective for the stock from GBX 165 ($2.15) to GBX 250 ($3.26) in a report on Friday, August 19th. Peel Hunt raised KAZ Minerals PLC to an “add” rating and boosted their price objective for the stock from GBX 160 ($2.09) to GBX 200 ($2.61) in a report on Friday, August 19th. Finally, Deutsche Bank AG boosted their price objective on KAZ Minerals PLC from GBX 183 ($2.39) to GBX 189 ($2.47) and gave the stock a “hold” rating in a report on Friday, August 19th. Six investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 159.35 ($2.08).
KAZ Minerals PLC Company Profile
KAZ Minerals PLC, formerly Kazakhmys PLC, is a United Kingdom-based copper company. The Company is focused on open-pit mining in Kazakhstan. The Company operates through three segments: East Region operations, Mining Projects and Bozymchak. The East Region operations segment consists of the Company’s primary operating entity, Vostoktsvetmet LLC, engaged in the mining and processing of copper and other metals, which are produced as by-products and located in Kazakhstan, and the associated international sales and marketing activities managed out of the United Kingdom.
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