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

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

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.

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