Liberum Capital Raises KAZ Minerals plc (KAZ) Price Target to GBX 460
KAZ Minerals plc (LON:KAZ) had its price target boosted by stock analysts at Liberum Capital from GBX 385 ($5.06) to GBX 460 ($6.05) in a research note issued to investors on Monday. The firm currently has a “sell” rating on the copper miner’s stock. Liberum Capital’s price objective would suggest a potential downside of 44.54% from the company’s current price.
Several other equities research analysts have also commented on KAZ. Macquarie lowered KAZ Minerals to a “neutral” rating in a research note on Monday, August 14th. Peel Hunt restated a “buy” rating on shares of KAZ Minerals in a research note on Thursday, August 17th. Canaccord Genuity restated a “buy” rating and set a GBX 600 ($7.89) price target on shares of KAZ Minerals in a research note on Thursday, August 17th. Deutsche Bank AG upped their price target on KAZ Minerals from GBX 400 ($5.26) to GBX 500 ($6.58) and gave the stock a “sell” rating in a research note on Friday, August 18th. Finally, upped their price target on KAZ Minerals from GBX 430 ($5.66) to GBX 490 ($6.44) and gave the stock a “reduce” rating in a research note on Friday, August 18th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 423.50 ($5.57).
KAZ Minerals (LON:KAZ) opened at GBX 829.50 ($10.91) on Monday. KAZ Minerals has a 12-month low of GBX 340.90 ($4.48) and a 12-month high of GBX 893 ($11.75).
ILLEGAL ACTIVITY WARNING: This news story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/11/27/liberum-capital-raises-kaz-minerals-plc-kaz-price-target-to-gbx-460.html.
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.
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.