KAZ Minerals PLC (KAZ) Stock Rating Reaffirmed by J P Morgan Chase & Co

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.

Analyst Recommendations for KAZ Minerals PLC (LON:KAZ)

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