KAZ Minerals (LON:KAZ) had its target price upped by Liberum Capital from GBX 385 ($5.16) to GBX 460 ($6.16) in a research report report published on Monday. They currently have a sell rating on the copper miner’s stock.
A number of other research firms have also issued reports on KAZ. Peel Hunt reissued a buy rating on shares of KAZ Minerals in a research note on Thursday, August 17th. Macquarie reaffirmed a neutral rating on shares of KAZ Minerals in a research note on Tuesday, October 10th. Goldman Sachs Group lowered shares of KAZ Minerals to a neutral rating in a research note on Tuesday, August 22nd. Citigroup reiterated a buy rating on shares of KAZ Minerals in a report on Thursday, November 16th. Finally, Jefferies Group reiterated a buy rating on shares of KAZ Minerals in a report on Friday, October 27th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 430 ($5.76).
KAZ Minerals (KAZ) traded up GBX 9 ($0.12) during trading on Monday, reaching GBX 757.50 ($10.14). 1,813,872 shares of the company’s stock were exchanged, compared to its average volume of 1,710,000. KAZ Minerals has a 52-week low of GBX 340.90 ($4.57) and a 52-week high of GBX 893 ($11.96).
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About KAZ Minerals
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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