Breaking: RBC Capital Markets Reiterates GBX 650.00 PT On Kaz Minerals (LON:KAZ) Shares, Reiterates Their Original “Sector perform” Rating

July 26, 2017 - By Louis Casey

Kaz Minerals (LON:KAZ) Rating Reaffirmed

Professional analysts at RBC Capital Markets now has a GBX 650.00 price target on Kaz Minerals (LON:KAZ). RBC Capital Markets and their recent price target suggests a potential downside of -5.32 % from the company’s current price. The rating has been released in a note on 25 July.

KAZ Minerals PLC (LON:KAZ) Ratings Coverage

Among 22 analysts covering Kaz Minerals PLC (LON:KAZ), 9 have Buy rating, 6 Sell and 7 Hold. Therefore 41% are positive. Kaz Minerals PLC has GBX 710 highest and GBX 50 lowest target. GBX 405.24’s average target is -41.94% below currents GBX 698 stock price. Kaz Minerals PLC had 216 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of KAZ Minerals PLC (LON:KAZ) has “Hold” rating given on Thursday, February 25 by Liberum Capital. Deutsche Bank maintained the stock with “Buy” rating in Monday, September 14 report. Credit Suisse downgraded the shares of KAZ in report on Wednesday, December 7 to “Neutral” rating. The firm earned “Hold” rating on Wednesday, March 23 by Deutsche Bank. The firm has “Outperform” rating by Credit Suisse given on Monday, September 14. The stock has “Hold” rating by Jefferies on Monday, May 15. The stock of KAZ Minerals PLC (LON:KAZ) has “Buy” rating given on Friday, March 24 by Citigroup. JP Morgan maintained KAZ Minerals PLC (LON:KAZ) rating on Monday, June 5. JP Morgan has “Overweight” rating and GBX 665 target. Nomura maintained KAZ Minerals PLC (LON:KAZ) on Friday, January 15 with “Reduce” rating. The stock of KAZ Minerals PLC (LON:KAZ) has “Sell” rating given on Thursday, January 26 by Liberum Capital.

About 979,451 shares traded. KAZ Minerals PLC (LON:KAZ) has 0.00% since July 26, 2016 and is . It has underperformed by 16.70% the S&P500.

KAZ Minerals PLC is a United Kingdom copper company. The company has market cap of 3.12 billion GBP. The Firm operates in the natural resources industry through five divisions: East Region, Bozymchak, Bozshakol, Aktogay and Mining Projects. It has a 22.93 P/E ratio. The East Region, Bozshakol and Aktogay divisions are engaged in mining and processing of copper and other metals in Kazakhstan.

Another recent and important KAZ Minerals PLC (LON:KAZ) news was published by Seekingalpha.com which published an article titled: “KAZ Minerals: Cheap Bet On Copper Recovery” on December 21, 2016.

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