KAZ Minerals PLC (LON:KAZ) has earned an average rating of “Buy” from the fourteen analysts that are covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 582 ($7.16).
Several research firms have recently issued reports on KAZ. UBS Group reaffirmed a “buy” rating on shares of KAZ Minerals in a research note on Friday. Liberum Capital raised KAZ Minerals to a “buy” rating in a research report on Friday, June 5th. Barclays upped their price target on KAZ Minerals from GBX 600 ($7.38) to GBX 700 ($8.61) and gave the company an “overweight” rating in a research report on Wednesday, July 8th. Royal Bank of Canada increased their price target on KAZ Minerals from GBX 405 ($4.98) to GBX 485 ($5.97) and gave the company a “sector performer” rating in a research note on Thursday, June 18th. Finally, Morgan Stanley lifted their price objective on KAZ Minerals from GBX 500 ($6.15) to GBX 550 ($6.77) and gave the stock an “overweight” rating in a research note on Tuesday, June 23rd.
LON:KAZ opened at GBX 540.60 ($6.65) on Tuesday. KAZ Minerals has a one year low of GBX 4.63 ($0.06) and a one year high of GBX 598.20 ($7.36). The company has a debt-to-equity ratio of 152.35, a current ratio of 1.59 and a quick ratio of 0.95. The company has a market cap of $2.55 billion and a PE ratio of 4.62. The firm’s 50 day simple moving average is GBX 501.26 and its 200 day simple moving average is GBX 445.19.
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.
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