KAZ Minerals PLC (KAZ) Earns “Neutral” Rating from JPMorgan Chase & Co.

Kaz Minerals Narrows 2017 Copper Guidance As Profit Grows

JPMorgan Chase & Co. restated their neutral rating on shares of KAZ Minerals PLC (LON:KAZ) in a research report released on Wednesday.

KAZ has been the subject of several other research reports. Macquarie restated an outperform rating and issued a GBX 250 ($3.17) price target on shares of KAZ Minerals PLC in a research report on Wednesday, September 21st. Liberum Capital restated a sell rating and issued a GBX 100 ($1.27) price target on shares of KAZ Minerals PLC in a research report on Thursday, October 27th. BNP Paribas upgraded shares of KAZ Minerals PLC to an outperform rating in a research report on Thursday, December 1st. Credit Suisse Group AG restated an outperform rating and issued a GBX 275 ($3.49) price target on shares of KAZ Minerals PLC in a research report on Thursday, October 27th. Finally, HSBC started coverage on shares of KAZ Minerals PLC in a research report on Tuesday, November 15th. They issued a reduce rating and a GBX 100 ($1.27) price target for the company. Six equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 198 ($2.51).

KAZ Minerals PLC (LON:KAZ) opened at 356.10 on Wednesday. KAZ Minerals PLC has a one year low of GBX 83.62 and a one year high of GBX 431.10. The firm has a 50-day moving average of GBX 351.28 and a 200-day moving average of GBX 221.71. The firm’s market cap is GBX 1.59 billion.

About KAZ Minerals PLC

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.

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