A number of other research firms also recently commented on KAZ. Macquarie reaffirmed a neutral rating on shares of KAZ Minerals in a report on Tuesday, October 10th. Citigroup reissued a buy rating on shares of KAZ Minerals in a report on Thursday, November 16th. Jefferies Group reissued a buy rating on shares of KAZ Minerals in a report on Friday, October 27th. Goldman Sachs Group raised shares of KAZ Minerals to a buy rating in a report on Monday, December 11th. Finally, Credit Suisse Group reissued an outperform rating on shares of KAZ Minerals in a report on Wednesday, November 15th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 456.25 ($6.19).
KAZ Minerals (KAZ) traded down GBX 5.40 ($0.07) during trading on Wednesday, reaching GBX 946 ($12.83). 1,603,557 shares of the company’s stock were exchanged, compared to its average volume of 1,650,000. The firm has a market capitalization of $4,220.00 and a P/E ratio of 1,970.83. KAZ Minerals has a 1 year low of GBX 400.99 ($5.44) and a 1 year high of GBX 970 ($13.15).
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About KAZ Minerals
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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