KAZ Minerals PLC (LON:KAZ) Given Average Rating of “Hold” by Brokerages

KAZ Minerals PLC (LON:KAZ) Given Average Rating of “Hold” by BrokeragesShares of KAZ Minerals PLC (LON:KAZ) have been given a consensus recommendation of “Hold” by the eighteen analysts that are presently covering the stock. Seven investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 151.71 ($1.98).

A number of research analysts recently commented on KAZ shares. Credit Suisse Group AG upgraded KAZ Minerals PLC to an “outperform” rating and upped their price objective for the stock from GBX 165 ($2.16) to GBX 250 ($3.27) in a research note on Friday, August 19th. Peel Hunt upgraded KAZ Minerals PLC to an “add” rating and upped their price objective for the stock from GBX 160 ($2.09) to GBX 200 ($2.62) in a research note on Friday, August 19th. Jefferies Group increased their price target on KAZ Minerals PLC from GBX 150 ($1.96) to GBX 200 ($2.62) and gave the stock a “hold” rating in a research note on Tuesday, August 23rd. Deutsche Bank AG increased their price target on KAZ Minerals PLC from GBX 183 ($2.39) to GBX 189 ($2.47) and gave the stock a “hold” rating in a research note on Friday, August 19th. Finally, BNP Paribas reissued an “underperform” rating and issued a GBX 120 ($1.57) price target on shares of KAZ Minerals PLC in a research note on Monday, June 27th.

KAZ Minerals PLC (LON:KAZ) traded up 0.164205% during mid-day trading on Monday, reaching GBX 183.036362. The stock’s 50-day moving average price is GBX 156.02 and its 200-day moving average price is GBX 154.47. KAZ Minerals PLC has a 52-week low of GBX 65.10 and a 52-week high of GBX 200.75. The stock’s market cap is GBX 817.29 million.

KAZ Minerals PLC, formerly Kazakhmys PLC, is a United Kingdom-based copper company. The Company is focused on open-pit mining in Kazakhstan. The Company operates through three segments: East Region operations, Mining Projects and Bozymchak. The East Region operations segment consists of the Company’s primary operating entity, Vostoktsvetmet LLC, engaged in the mining and processing of copper and other metals, which are produced as by-products and located in Kazakhstan, and the associated international sales and marketing activities managed out of the United Kingdom.

http://www.com-unik.info/

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