KAZ Minerals PLC (KAZ) Downgraded by Peel Hunt

KAZ Minerals PLC (KAZ) Downgraded by Peel Hunt

Peel Hunt lowered shares of KAZ Minerals PLC (LON:KAZ) to a hold rating in a report published on Friday morning.

KAZ has been the topic of a number of other reports. Credit Suisse Group restated an outperform rating on shares of KAZ Minerals PLC in a research note on Friday, June 9th. HSBC Holdings plc lifted their price objective on shares of KAZ Minerals PLC from GBX 430 ($5.80) to GBX 490 ($6.61) and gave the company a reduce rating in a research note on Friday, August 18th. Liberum Capital restated a sell rating and set a GBX 385 ($5.19) price objective on shares of KAZ Minerals PLC in a research note on Thursday, August 17th. Canaccord Genuity restated a buy rating and set a GBX 600 ($8.09) price objective on shares of KAZ Minerals PLC in a research note on Thursday, August 17th. Finally, Deutsche Bank AG cut their price objective on shares of KAZ Minerals PLC from GBX 370 ($4.99) to GBX 350 ($4.72) and set a sell rating on the stock in a research note on Thursday, June 22nd. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 380.77 ($5.13).

KAZ Minerals PLC (KAZ) opened at 720.00 on Friday. The firm’s market capitalization is GBX 3.22 billion. The stock’s 50 day moving average is GBX 765.73 and its 200-day moving average is GBX 571.95. KAZ Minerals PLC has a 1-year low of GBX 204.30 and a 1-year high of GBX 881.50.

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.

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