KAZ Minerals PLC (KAZ) Given Sell Rating at Liberum Capital
KAZ Minerals PLC (LON:KAZ)‘s stock had its “sell” rating reissued by stock analysts at Liberum Capital in a research report issued to clients and investors on Wednesday. They presently have a GBX 100 ($1.29) target price on the copper miner’s stock. Liberum Capital’s price objective suggests a potential downside of 77.38% from the company’s previous close.
Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upgraded shares of KAZ Minerals PLC to an “overweight” rating in a report on Thursday, March 16th. Shore Capital reiterated a “not rated” rating on shares of KAZ Minerals PLC in a report on Monday, March 27th. BNP Paribas reiterated an “outperform” rating on shares of KAZ Minerals PLC in a report on Thursday, March 23rd. Barclays PLC lifted their price target on shares of KAZ Minerals PLC from GBX 390 ($5.04) to GBX 400 ($5.17) and gave the company an “equal weight” rating in a report on Friday, April 21st. Finally, Canaccord Genuity upgraded shares of KAZ Minerals PLC to a “buy” rating in a report on Tuesday, January 10th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 290.83 ($3.76).
KAZ Minerals PLC (LON:KAZ) opened at 442.00 on Wednesday. The company’s 50-day moving average is GBX 466.66 and its 200 day moving average is GBX 429.36. The company’s market capitalization is GBX 1.97 billion. KAZ Minerals PLC has a 52 week low of GBX 115.84 and a 52 week high of GBX 610.00.
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.