KAZ Minerals PLC (KAZ) Cut to Hold at Peel Hunt
KAZ Minerals PLC (LON:KAZ) was downgraded by research analysts at Peel Hunt to a “hold” rating in a research note issued on Friday.
KAZ has been the topic of several other reports. Liberum Capital reissued a “sell” rating and issued a GBX 130 ($1.75) target price on shares of KAZ Minerals PLC in a report on Thursday, July 27th. Credit Suisse Group restated an “outperform” rating on shares of KAZ Minerals PLC in a research note on Friday, June 9th. Deutsche Bank AG boosted their price target on KAZ Minerals PLC from GBX 400 ($5.39) to GBX 500 ($6.74) and gave the stock a “sell” rating in a research note on Friday, August 18th. Macquarie restated a “neutral” rating on shares of KAZ Minerals PLC in a research note on Thursday, September 14th. Finally, J P Morgan Chase & Co restated an “overweight” rating on shares of KAZ Minerals PLC in a research note on Tuesday, September 12th. Three analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 380.77 ($5.13).
Shares of KAZ Minerals PLC (LON KAZ) traded up 0.76% during trading on Friday, hitting GBX 726.50. The stock had a trading volume of 1,647,002 shares. KAZ Minerals PLC has a 52 week low of GBX 194.80 and a 52 week high of GBX 881.50. The stock’s market capitalization is GBX 3.24 billion. The firm has a 50 day moving average price of GBX 765.73 and a 200-day moving average price of GBX 571.95.
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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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