KAZ Minerals PLC (LON:KAZ)‘s stock had its “overweight” rating reiterated by equities research analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Tuesday.
A number of other research analysts have also weighed in on KAZ. Deutsche Bank AG increased their price target on KAZ Minerals PLC from GBX 400 ($5.17) to GBX 500 ($6.46) and gave the stock a “sell” rating in a research note on Friday, August 18th. Liberum Capital reissued a “sell” rating and set a GBX 385 ($4.97) price target on shares of KAZ Minerals PLC in a research note on Thursday, August 17th. Macquarie lowered KAZ Minerals PLC to a “neutral” rating in a research note on Monday, August 14th. Peel Hunt reissued a “buy” rating on shares of KAZ Minerals PLC in a research note on Thursday, August 17th. Finally, HSBC Holdings plc increased their price target on KAZ Minerals PLC from GBX 430 ($5.55) to GBX 490 ($6.33) and gave the stock a “reduce” rating in a research note on Friday, August 18th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 380.77 ($4.92).
Shares of KAZ Minerals PLC (KAZ) opened at 812.50 on Tuesday. The firm’s 50-day moving average price is GBX 756.17 and its 200 day moving average price is GBX 562.81. The firm’s market cap is GBX 3.63 billion. KAZ Minerals PLC has a 1-year low of GBX 180.00 and a 1-year high of GBX 881.50.
KAZ Minerals PLC (LON:KAZ) last posted its earnings results on Thursday, August 17th. The copper miner reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.04. KAZ Minerals PLC had a return on equity of 53.87% and a net margin of 25.66%. On average, equities research analysts forecast that KAZ Minerals PLC will post $0.71 EPS for the current fiscal year.
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KAZ Minerals PLC Company Profile
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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