KAZ Minerals (KAZ) Upgraded to Add at Peel Hunt
Several other research firms also recently commented on KAZ. Jefferies Group reissued a buy rating on shares of KAZ Minerals in a research report on Friday, October 27th. Liberum Capital boosted their target price on shares of KAZ Minerals from GBX 385 ($5.22) to GBX 460 ($6.24) and gave the stock a sell rating in a research report on Monday, November 27th. Macquarie reissued a neutral rating on shares of KAZ Minerals in a research report on Tuesday, October 10th. JPMorgan Chase & Co. reissued an overweight rating on shares of KAZ Minerals in a research report on Tuesday, September 12th. Finally, Credit Suisse Group reissued an outperform rating on shares of KAZ Minerals in a research report on Wednesday, November 15th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 456.25 ($6.19).
KAZ Minerals (KAZ) traded down GBX 5.40 ($0.07) during mid-day trading on Wednesday, reaching GBX 946 ($12.83). 1,603,557 shares of the company’s stock traded hands, compared to its average volume of 1,650,000. The company has a market capitalization of $4,220.00 and a P/E ratio of 1,970.83. KAZ Minerals has a 12 month low of GBX 400.99 ($5.44) and a 12 month high of GBX 970 ($13.15).
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.
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