KAZ Minerals (LON:KAZ)‘s stock had its “buy” rating reaffirmed by investment analysts at Citigroup in a note issued to investors on Friday.
A number of other research firms have also issued reports on KAZ. Peel Hunt reissued an “add” rating on shares of KAZ Minerals in a research note on Thursday, February 22nd. Credit Suisse Group reissued an “outperform” rating on shares of KAZ Minerals in a research note on Tuesday, February 27th. Deutsche Bank reduced their price target on shares of KAZ Minerals to GBX 800 ($11.23) and set a “hold” rating for the company in a research note on Friday, February 23rd. Liberum Capital reaffirmed a “sell” rating and issued a GBX 460 ($6.46) price target on shares of KAZ Minerals in a research note on Thursday, February 22nd. Finally, Goldman Sachs raised shares of KAZ Minerals to a “buy” rating in a research note on Monday, December 11th. Four analysts have rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. KAZ Minerals presently has an average rating of “Hold” and an average price target of GBX 604.29 ($8.48).
KAZ Minerals stock traded down GBX 10.20 ($0.14) during midday trading on Friday, reaching GBX 866.80 ($12.17). 1,249,390 shares of the stock traded hands, compared to its average volume of 2,660,000. KAZ Minerals has a fifty-two week low of GBX 413.10 ($5.80) and a fifty-two week high of GBX 974.20 ($13.67).
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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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