KAZ Minerals PLC (LON:KAZ) had its target price upped by analysts at Peel Hunt from GBX 275 ($3.41) to GBX 365 ($4.53) in a research report issued to clients and investors on Tuesday. The firm presently has a “hold” rating on the copper miner’s stock. Peel Hunt’s price objective would indicate a potential downside of 2.38% from the stock’s current price.
Several other equities research analysts have also recently commented on the company. HSBC initiated coverage on KAZ Minerals PLC in a research note on Tuesday, November 15th. They set a “reduce” rating and a GBX 100 ($1.24) price target for the company. Barclays PLC reiterated an “equal weight” rating on shares of KAZ Minerals PLC in a research report on Thursday, November 10th. Macquarie reiterated an “outperform” rating and issued a GBX 250 ($3.10) price objective on shares of KAZ Minerals PLC in a research report on Wednesday, September 21st. Halyk Finance reiterated an “under review” rating on shares of KAZ Minerals PLC in a research report on Thursday, August 18th. Finally, Jefferies Group increased their price objective on KAZ Minerals PLC from GBX 200 ($2.48) to GBX 240 ($2.98) and gave the stock a “hold” rating in a research report on Friday, October 14th. Six research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 189.60 ($2.35).
KAZ Minerals PLC (LON:KAZ) opened at 374.20 on Tuesday. The stock’s 50 day moving average price is GBX 305.87 and its 200 day moving average price is GBX 199.56. KAZ Minerals PLC has a 12-month low of GBX 83.62 and a 12-month high of GBX 378.90. The stock’s market cap is GBX 1.67 billion.
In other news, insider Heale,Simon acquired 28,000 shares of the business’s stock in a transaction dated Thursday, September 1st. The shares were bought at an average cost of GBX 176 ($2.18) per share, for a total transaction of £49,280 ($61,133.85).