KAZ Minerals PLC (LON:KAZ) reached a new 52-week high on Monday . The company traded as high as GBX 893 ($11.87) and last traded at GBX 875.50 ($11.63), with a volume of 4,055,224 shares. The stock had previously closed at GBX 849 ($11.28).
A number of research firms have weighed in on KAZ. Liberum Capital reiterated a “sell” rating and set a GBX 130 ($1.73) price target on shares of KAZ Minerals PLC in a research note on Thursday, July 27th. Deutsche Bank AG lifted their price target on shares of KAZ Minerals PLC from GBX 400 ($5.31) to GBX 500 ($6.64) and gave the stock a “sell” rating in a research note on Friday, August 18th. Macquarie reiterated a “neutral” rating on shares of KAZ Minerals PLC in a research note on Thursday, September 14th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of KAZ Minerals PLC in a research note on Tuesday, September 12th. Finally, Jefferies Group LLC upgraded shares of KAZ Minerals PLC to a “buy” rating in a research note on Thursday, August 31st. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. KAZ Minerals PLC presently has an average rating of “Hold” and an average target price of GBX 400.91 ($5.33).
The firm’s market capitalization is GBX 3.91 billion. The stock’s 50-day moving average price is GBX 797.93 and its 200-day moving average price is GBX 612.64.
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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