A number of other brokerages also recently commented on KAZ. Deutsche Bank AG increased their price objective on KAZ Minerals PLC from GBX 260 ($3.27) to GBX 350 ($4.40) and gave the company a sell rating in a research report on Friday, March 17th. JPMorgan Chase & Co. upgraded KAZ Minerals PLC to an overweight rating in a research report on Thursday, March 16th. Liberum Capital reiterated a sell rating and set a GBX 100 ($1.26) price objective on shares of KAZ Minerals PLC in a research report on Tuesday, March 14th. HSBC Holdings plc downgraded KAZ Minerals PLC to a reduce rating and cut their price objective for the company from GBX 440 ($5.53) to GBX 400 ($5.03) in a research report on Monday, February 27th. Finally, Citigroup Inc reiterated a buy rating on shares of KAZ Minerals PLC in a research report on Monday, February 20th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 275 ($3.46).
KAZ Minerals PLC (LON:KAZ) opened at 443.00 on Thursday. KAZ Minerals PLC has a one year low of GBX 115.84 and a one year high of GBX 610.00. The firm’s market cap is GBX 1.98 billion. The company has a 50-day moving average price of GBX 522.71 and a 200-day moving average price of GBX 378.15.
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About KAZ Minerals PLC
KAZ Minerals PLC is an investment holding company principally engaged in mining businesses. The Company operates through three segments. East Region Operations segment is mainly engaged in the mining, processing, marketing and sales of copper and other metals. Other metals include gold, silver and zinc concentrate, among others.
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