KAZ Minerals (KAZ) PT Raised to GBX 840
KAZ Minerals (LON:KAZ) had its price objective raised by analysts at Peel Hunt from GBX 820 ($10.71) to GBX 840 ($10.98) in a report released on Thursday. The firm presently has a “buy” rating on the copper miner’s stock. Peel Hunt’s price objective would suggest a potential upside of 50.92% from the stock’s previous close.
Other research analysts have also issued research reports about the company. Liberum Capital restated a “hold” rating on shares of KAZ Minerals in a research report on Tuesday, January 15th. UBS Group restated a “neutral” rating and set a GBX 650 ($8.49) target price on shares of KAZ Minerals in a research report on Thursday, October 25th. Deutsche Bank restated a “hold” rating on shares of KAZ Minerals in a research report on Monday, October 15th. Barclays dropped their target price on KAZ Minerals from GBX 760 ($9.93) to GBX 700 ($9.15) and set an “overweight” rating for the company in a research report on Friday, October 12th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of KAZ Minerals in a research report on Friday, October 26th. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 699.62 ($9.14).
Shares of LON:KAZ opened at GBX 556.60 ($7.27) on Thursday. KAZ Minerals has a 1 year low of GBX 413.10 ($5.40) and a 1 year high of GBX 974.20 ($12.73).
KAZ Minerals PLC, together with its subsidiaries, engages in mining, processing, and sale of copper concentrates primarily in Kazakhstan and Kyrgyzstan. The company operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. It operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; Aktogay open pit mine located in eastern Kazakhstan; three underground mines and concentrators located in the eastern region of Kazakhstan; and the Bozymchak copper-gold open pit mine located in western Kyrgyzstan.
Featured Story: How to Trade Using Analysts Ratings
Receive News & Ratings for KAZ Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KAZ Minerals and related companies with MarketBeat.com's FREE daily email newsletter.