KAZ Minerals PLC (OTCMKTS:KZMYY) has received a consensus recommendation of “Hold” from the ten analysts that are presently covering the firm, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $6.50.
A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of KAZ Minerals in a research note on Thursday, January 14th. Royal Bank of Canada reiterated a “sector perform” rating on shares of KAZ Minerals in a research note on Monday, March 29th. Barclays downgraded KAZ Minerals from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, April 7th. Zacks Investment Research upgraded KAZ Minerals from a “hold” rating to a “strong-buy” rating and set a $6.50 price objective for the company in a research note on Monday, March 8th. Finally, Morgan Stanley restated an “equal weight” rating on shares of KAZ Minerals in a research note on Thursday, February 25th.
Shares of OTCMKTS:KZMYY remained flat at $$5.89 during mid-day trading on Wednesday. The company had a trading volume of 15,200 shares, compared to its average volume of 40,130. The stock’s 50 day simple moving average is $5.85 and its 200 day simple moving average is $4.74. The company has a market capitalization of $5.57 billion, a price-to-earnings ratio of 10.16 and a beta of 1.84. The company has a current ratio of 2.63, a quick ratio of 1.85 and a debt-to-equity ratio of 1.63. KAZ Minerals has a 52 week low of $2.25 and a 52 week high of $6.15.
KAZ Minerals Company Profile
KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan, Russia, and Kyrgyzstan. It operates through Bozshakol, Aktogay, East Region and Bozymchak, and Mining Projects segments. The company operates the Aktogay and Bozshakol open pit copper mines in the east region and Pavlodar region of Kazakhstan; three underground mines in the east region of Kazakhstan; and the Bozymchak copper-gold mine in Kyrgyzstan.
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