KAZ Minerals PLC (KAZ) Receives Average Recommendation of “Hold” from Brokerages
KAZ Minerals PLC (LON:KAZ) has received a consensus recommendation of “Hold” from the fifteen research firms that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 336 ($4.27).
A number of brokerages have commented on KAZ. Deutsche Bank AG reduced their price target on shares of KAZ Minerals PLC from GBX 370 ($4.71) to GBX 350 ($4.45) and set a “sell” rating on the stock in a research report on Thursday, June 22nd. Macquarie restated an “outperform” rating on shares of KAZ Minerals PLC in a report on Monday, June 19th. Credit Suisse Group restated an “outperform” rating on shares of KAZ Minerals PLC in a report on Friday, June 9th. Peel Hunt restated a “buy” rating on shares of KAZ Minerals PLC in a report on Friday, June 9th. Finally, Jefferies Group LLC cut their target price on shares of KAZ Minerals PLC from GBX 500 ($6.36) to GBX 450 ($5.72) and set a “hold” rating on the stock in a report on Thursday, June 8th.
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Shares of KAZ Minerals PLC (LON:KAZ) opened at 487.00 on Tuesday. KAZ Minerals PLC has a 52-week low of GBX 115.84 and a 52-week high of GBX 610.00. The firm’s market capitalization is GBX 2.17 billion. The company’s 50-day moving average is GBX 483.18 and its 200 day moving average is GBX 464.80.
KAZ Minerals PLC Company Profile
KAZ Minerals PLC is a United Kingdom-based copper company. The Company operates in the natural resources industry through five segments: East Region, Bozymchak, Bozshakol, Aktogay and Mining Projects. The East Region, Bozshakol and Aktogay segments are engaged in mining and processing of copper and other metals in Kazakhstan.
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