KAZ Minerals PLC (KAZ) Receives GBX 158.75 Consensus PT from Brokerages

Kaz Minerals Confirms VAT Refunds From Kazakhstan

Shares of KAZ Minerals PLC (LON:KAZ) have been assigned an average recommendation of “Hold” from the sixteen ratings firms that are presently covering the company. Six research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 158.75 ($1.92).

A number of brokerages recently weighed in on KAZ. Jefferies Group reiterated a “hold” rating on shares of KAZ Minerals PLC in a report on Friday, January 6th. BNP Paribas reiterated a “neutral” rating and issued a GBX 200 ($2.41) target price on shares of KAZ Minerals PLC in a report on Thursday, October 6th. Canaccord Genuity reiterated a “hold” rating and issued a GBX 155 ($1.87) target price on shares of KAZ Minerals PLC in a report on Friday, October 28th. Peel Hunt upgraded KAZ Minerals PLC to an “add” rating in a report on Wednesday, January 11th. Finally, Deutsche Bank AG cut KAZ Minerals PLC to a “sell” rating and lifted their target price for the company from GBX 223 ($2.69) to GBX 240 ($2.90) in a report on Wednesday, December 7th.

Shares of KAZ Minerals PLC (LON:KAZ) opened at 424.532 on Thursday. The firm has a 50-day moving average price of GBX 381.77 and a 200 day moving average price of GBX 257.72. The firm’s market capitalization is GBX 1.90 billion. KAZ Minerals PLC has a one year low of GBX 83.63 and a one year high of GBX 438.30.

KAZ Minerals PLC Company Profile

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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