KAZ Minerals PLC’s (KAZ) “Buy” Rating Reaffirmed at Canaccord Genuity
KAZ Minerals PLC (LON:KAZ)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a report issued on Thursday, August 17th.
A number of other research firms also recently weighed in on KAZ. Liberum Capital reissued a “sell” rating and set a GBX 385 ($4.97) price target on shares of KAZ Minerals PLC in a research note on Thursday, August 17th. Peel Hunt reissued a “buy” rating on shares of KAZ Minerals PLC in a research note on Thursday, August 17th. Macquarie downgraded shares of KAZ Minerals PLC to a “neutral” rating in a research note on Monday, August 14th. Deutsche Bank AG boosted their price target on shares of KAZ Minerals PLC from GBX 350 ($4.52) to GBX 400 ($5.17) and gave the stock a “sell” rating in a research note on Thursday, July 13th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 400 ($5.17) price objective on shares of KAZ Minerals PLC in a report on Friday, July 14th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 346.54 ($4.48).
Shares of KAZ Minerals PLC (LON:KAZ) opened at 875.00 on Thursday. KAZ Minerals PLC has a one year low of GBX 175.00 and a one year high of GBX 876.00. The company’s market capitalization is GBX 3.91 billion. The company’s 50-day moving average is GBX 728.71 and its 200-day moving average is GBX 554.25.
About KAZ Minerals PLC
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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