KAZ Minerals (KAZ) Lifted to “Overweight” at Barclays

KAZ Minerals (LON:KAZ) was upgraded by stock analysts at Barclays to an “overweight” rating in a research note issued to investors on Thursday.

KAZ has been the subject of several other reports. BNP Paribas restated an “outperform” rating on shares of KAZ Minerals in a research report on Friday, February 2nd. Peel Hunt upgraded shares of KAZ Minerals to an “add” rating in a research report on Wednesday, January 10th. Liberum Capital boosted their target price on shares of KAZ Minerals from GBX 385 ($5.40) to GBX 460 ($6.45) and gave the company a “sell” rating in a research report on Monday, November 27th. Citigroup restated a “buy” rating on shares of KAZ Minerals in a research report on Friday, January 26th. Finally, Jefferies Group restated a “buy” rating on shares of KAZ Minerals in a research report on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 483.33 ($6.78).

Shares of KAZ Minerals (LON KAZ) traded up GBX 5.40 ($0.08) during mid-day trading on Thursday, hitting GBX 765.40 ($10.73). 3,618,308 shares of the stock were exchanged, compared to its average volume of 1,920,000. KAZ Minerals has a 52-week low of GBX 413.10 ($5.79) and a 52-week high of GBX 974.20 ($13.66). The company has a market capitalization of $3,410.00 and a price-to-earnings ratio of 1,628.51.

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About KAZ Minerals

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.

Analyst Recommendations for KAZ Minerals (LON:KAZ)

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