KAZ Minerals PLC (LON:KAZ) has earned an average rating of “Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 582 ($7.16).
A number of research analysts have commented on the stock. Royal Bank of Canada increased their price target on shares of KAZ Minerals from GBX 405 ($4.98) to GBX 485 ($5.97) and gave the company a “sector performer” rating in a research report on Thursday, June 18th. Peel Hunt reaffirmed a “buy” rating on shares of KAZ Minerals in a report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of KAZ Minerals from GBX 380 ($4.68) to GBX 510 ($6.28) and gave the stock a “neutral” rating in a research note on Wednesday, July 15th. Deutsche Bank restated a “hold” rating on shares of KAZ Minerals in a research report on Friday. 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 report on Tuesday, June 23rd.
LON:KAZ opened at GBX 540.60 ($6.65) on Tuesday. The business has a 50 day moving average of GBX 501.26 and a 200 day moving average of GBX 445.19. The company has a market capitalization of $2.55 billion and a price-to-earnings ratio of 4.62. KAZ Minerals has a 1-year low of GBX 4.63 ($0.06) and a 1-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.
KAZ Minerals Company Profile
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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