KAZ Minerals PLC (KAZ) Stock Rating Reaffirmed by Macquarie
KAZ Minerals PLC (LON:KAZ)‘s stock had its “neutral” rating reaffirmed by investment analysts at Macquarie in a note issued to investors on Wednesday.
Several other brokerages have also recently issued reports on KAZ. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 400 ($5.17) target price on shares of KAZ Minerals PLC in a research report on Friday, July 14th. Liberum Capital reaffirmed a “sell” rating and set a GBX 100 ($1.29) target price on shares of KAZ Minerals PLC in a research report on Wednesday, May 10th. Peel Hunt reaffirmed a “buy” rating on shares of KAZ Minerals PLC in a research report on Thursday, August 17th. Goldman Sachs Group, Inc. (The) cut KAZ Minerals PLC to a “neutral” rating in a research report on Tuesday, August 22nd. Finally, HSBC Holdings plc boosted their price objective on KAZ Minerals PLC from GBX 430 ($5.56) to GBX 490 ($6.34) and gave the stock a “reduce” rating in a research report on Friday, August 18th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 346.54 ($4.48).
Shares of KAZ Minerals PLC (LON:KAZ) opened at 857.50 on Wednesday. KAZ Minerals PLC has a 1-year low of GBX 168.02 and a 1-year high of GBX 865.50. The company has a 50-day moving average price of GBX 682.58 and a 200-day moving average price of GBX 542.45. The company’s market cap is GBX 3.83 billion.
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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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