KAZ Minerals PLC (LON:KAZ) has received a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the company. Five analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 162.75 ($2.12).
A number of research analysts recently issued reports on the stock. Barclays PLC restated an “underweight” rating and set a GBX 130 ($1.70) target price (up from GBX 70 ($0.91)) on shares of KAZ Minerals PLC in a research report on Monday, July 18th. Jefferies Group reiterated a “hold” rating on shares of KAZ Minerals PLC in a research report on Friday, July 15th. Canaccord Genuity upped their price objective on shares of KAZ Minerals PLC from GBX 130 ($1.70) to GBX 155 ($2.02) and gave the stock a “hold” rating in a research report on Wednesday, August 10th. Halyk Finance reiterated an “under review” rating on shares of KAZ Minerals PLC in a research report on Thursday, August 18th. Finally, Peel Hunt upped their price objective on shares of KAZ Minerals PLC from GBX 140 ($1.83) to GBX 160 ($2.09) and gave the stock a “hold” rating in a research report on Monday, August 8th.
KAZ Minerals PLC (LON:KAZ) opened at 239.20 on Monday. The company has a 50 day moving average of GBX 199.41 and a 200-day moving average of GBX 164.76. The company’s market cap is GBX 1.07 billion. KAZ Minerals PLC has a one year low of GBX 75.00 and a one year high of GBX 246.30.
In related news, insider Heale,Simon acquired 28,000 shares of the firm’s stock in a transaction dated Thursday, September 1st. The shares were purchased at an average cost of GBX 176 ($2.30) per share, for a total transaction of £49,280 ($64,325.81).
KAZ Minerals PLC Company Profile
KAZ Minerals PLC, formerly Kazakhmys PLC, is a United Kingdom-based copper company. The Company is focused on open-pit mining in Kazakhstan. The Company operates through three segments: East Region operations, Mining Projects and Bozymchak. The East Region operations segment consists of the Company’s primary operating entity, Vostoktsvetmet LLC, engaged in the mining and processing of copper and other metals, which are produced as by-products and located in Kazakhstan, and the associated international sales and marketing activities managed out of the United Kingdom.
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