BNP Paribas Reaffirms Outperform Rating for KAZ Minerals PLC (KAZ)
BNP Paribas reissued their outperform rating on shares of KAZ Minerals PLC (LON:KAZ) in a research note released on Thursday morning.
KAZ has been the subject of several other reports. Jefferies Group LLC reissued a hold rating on shares of KAZ Minerals PLC in a research note on Friday, January 6th. HSBC Holdings plc downgraded shares of KAZ Minerals PLC to a reduce rating and lowered their price objective for the company from GBX 440 ($5.46) to GBX 400 ($4.97) in a research note on Monday, February 27th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of KAZ Minerals PLC in a research note on Friday, January 27th. Peel Hunt upgraded shares of KAZ Minerals PLC to an add rating in a research report on Wednesday, January 11th. Finally, Deutsche Bank AG cut shares of KAZ Minerals PLC to a sell rating and boosted their price target for the company from GBX 223 ($2.77) to GBX 240 ($2.98) in a research report on Wednesday, December 7th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. KAZ Minerals PLC presently has a consensus rating of Hold and a consensus price target of GBX 275 ($3.41).
Shares of KAZ Minerals PLC (LON:KAZ) traded up 0.341157% during mid-day trading on Thursday, hitting GBX 450.030090. The stock had a trading volume of 1,654,182 shares. The company’s market cap is GBX 2.01 billion. The firm’s 50 day moving average price is GBX 489.97 and its 200 day moving average price is GBX 400.96. KAZ Minerals PLC has a 1-year low of GBX 115.84 and a 1-year high of GBX 610.00.
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.