KAZ Minerals PLC (KAZ) Price Target Increased to GBX 400 by Analysts at Barclays PLC

KAZ Minerals Raises Guidance As Aktogay And Bozshakol Perform

KAZ Minerals PLC (LON:KAZ) had its price objective raised by Barclays PLC from GBX 390 ($5.04) to GBX 400 ($5.16) in a report released on Friday, April 21st. Barclays PLC currently has an equal weight rating on the copper miner’s stock.

KAZ has been the topic of a number of other reports. Citigroup Inc reissued a buy rating on shares of KAZ Minerals PLC in a research report on Friday, January 27th. Liberum Capital reaffirmed a sell rating and issued a GBX 100 ($1.29) price target on shares of KAZ Minerals PLC in a report on Thursday, January 26th. Macquarie reaffirmed an outperform rating on shares of KAZ Minerals PLC in a report on Tuesday, January 3rd. Peel Hunt raised shares of KAZ Minerals PLC to an add rating in a report on Wednesday, January 11th. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of KAZ Minerals PLC in a report on Friday, February 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 290.83 ($3.76).

Shares of KAZ Minerals PLC (LON:KAZ) traded up 1.16% during midday trading on Friday, hitting GBX 445.60. 6,063,501 shares of the stock were exchanged. KAZ Minerals PLC has a 12-month low of GBX 115.84 and a 12-month high of GBX 610.00. The firm has a 50 day moving average of GBX 471.49 and a 200 day moving average of GBX 424.72.

About KAZ Minerals PLC

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.