Trade Report: Today, KAZ Minerals PLC (KAZ) PT Raised to GBX 215 at JPMorgan Chase & Co.

Today, KAZ Minerals PLC (KAZ) PT Raised to GBX 215 at JPMorgan Chase & Co.

KAZ Minerals PLC (LON:KAZ) had its price target boosted by stock analysts at JPMorgan Chase & Co. from GBX 150 ($1.87) to GBX 215 ($2.69) in a research note issued on Monday. The brokerage presently has an “underweight” rating on the copper miner’s stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 42.00% from the company’s previous close.

A number of other brokerages have also weighed in on KAZ. Peel Hunt upgraded shares of KAZ Minerals PLC to an “add” rating and boosted their target price for the company from GBX 160 ($2.00) to GBX 200 ($2.50) in a research note on Friday, August 19th. Barclays PLC upgraded shares of KAZ Minerals PLC to an “equal weight” rating and boosted their target price for the company from GBX 130 ($1.62) to GBX 210 ($2.62) in a research note on Wednesday, September 21st. Jefferies Group reiterated a “hold” rating on shares of KAZ Minerals PLC in a research note on Friday, July 15th. Canaccord Genuity upgraded shares of KAZ Minerals PLC to a “hold” rating and boosted their target price for the company from GBX 120 ($1.50) to GBX 130 ($1.62) in a research note on Monday, July 11th. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of KAZ Minerals PLC in a research note on Monday, July 11th. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 183.60 ($2.29).

Shares of KAZ Minerals PLC (LON:KAZ) traded down 1.30% during trading on Monday, reaching GBX 370.70. The company’s stock had a trading volume of 1,240,990 shares. The stock’s 50-day moving average is GBX 300.23 and its 200-day moving average is GBX 197.24. 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 1.66 billion.

In other KAZ Minerals PLC news, insider Heale,Simon purchased 28,000 shares of the stock in a transaction that occurred on Thursday, September 1st. The stock was purchased at an average price of GBX 176 ($2.20) per share, with a total value of £49,280 ($61,569.22).

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