KAZ MINL PLC/ADR (OTCMKTS:KZMYY) to Post FY2019 Earnings of $0.44 Per Share, Jefferies Financial Group Forecasts

KAZ MINL PLC/ADR (OTCMKTS:KZMYY) – Equities researchers at Jefferies Financial Group lowered their FY2019 EPS estimates for KAZ MINL PLC/ADR in a research note issued to investors on Tuesday, July 9th. Jefferies Financial Group analyst C. Lafemina now expects that the company will earn $0.44 per share for the year, down from their previous estimate of $0.49. Jefferies Financial Group also issued estimates for KAZ MINL PLC/ADR’s FY2020 earnings at $0.44 EPS.

Several other research analysts have also recently weighed in on the company. Zacks Investment Research raised SCHNEIDER ELEC /ADR from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Friday, July 5th. ValuEngine raised United Overseas Bank from a “sell” rating to a “hold” rating in a research report on Monday, June 17th. UBS Group set a $128.00 price objective on Walt Disney and gave the stock a “buy” rating in a research report on Friday, April 12th. Credit Suisse Group set a $180.00 price objective on Accenture and gave the stock a “hold” rating in a research report on Friday, June 28th. Finally, Goldman Sachs Group raised Martin Marietta Materials from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $207.00 to $232.00 in a research report on Thursday, April 11th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $5.25.

Shares of OTCMKTS:KZMYY opened at $3.27 on Wednesday. The firm’s 50 day moving average is $3.52. KAZ MINL PLC/ADR has a 12-month low of $2.72 and a 12-month high of $5.80.

About KAZ MINL PLC/ADR

KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan and Kyrgyzstan. It operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. The company operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; Aktogay open pit mine located in the east of Kazakhstan; three underground mines and concentrators located in the eastern region of Kazakhstan; and the Bozymchak copper-gold open pit mine located in western Kyrgyzstan.

Featured Article: What is range trading?

Earnings History and Estimates for KAZ MINL PLC/ADR (OTCMKTS:KZMYY)

Receive News & Ratings for KAZ MINL PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KAZ MINL PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.