Zacks Investment Research upgraded shares of Kaz Minerals Plc (NASDAQ:KZMYY) from a hold rating to a buy rating in a research report report published on Friday morning. They currently have $6.00 price objective on the stock.

According to Zacks, “KAZ Minerals PLC is involved in mining, producing and selling copper concentrates primarily in Kazakhstan and Kyrgyzstan. The company’s operating segment consists of East Region Operations, Mining Projects and Bozymchak segments. It operates underground mines in the East Region of Kazakhstan and open-pit mine in Bozymchak, Kyrgyzstan and develops various mining projects situated at Bozshakol, Aktogay, and Koksay. KAZ Minerals PLC, formerly known as KAZAKHMYS LTD, is headquartered in London, the United Kingdom. “

Kaz Minerals Plc (NASDAQ:KZMYY) opened at 4.99 on Friday. The stock has a market cap of $4.46 billion and a price-to-earnings ratio of 15.43. The firm’s 50-day moving average price is $1.39 and its 200-day moving average price is $1.78. Kaz Minerals Plc has a 12-month low of $2.45 and a 12-month high of $5.77.

TRADEMARK VIOLATION WARNING: This article was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another publication, it was illegally copied and reposted in violation of international copyright and trademark legislation. The original version of this article can be read at

Get a free copy of the Zacks research report on Kaz Minerals Plc (KZMYY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Stock Ratings for Kaz Minerals Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kaz Minerals Plc and related stocks with our FREE daily email newsletter.