KAZ Minerals (LON:KAZ) Given “Hold” Rating at Deutsche Bank

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Deutsche Bank restated their hold rating on shares of KAZ Minerals (LON:KAZ) in a research report sent to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

Several other brokerages have also recently issued reports on KAZ. Peel Hunt decreased their target price on shares of Biffa from GBX 264 ($3.45) to GBX 252 ($3.29) and set a buy rating for the company in a report on Wednesday. Barclays reaffirmed an underweight rating on shares of in a report on Thursday, July 4th. Royal Bank of Canada reaffirmed an outperform rating and issued a GBX 670 ($8.75) target price on shares of in a report on Friday, June 28th. BNP Paribas raised shares of Antofagasta from a neutral rating to an outperform rating in a report on Thursday, March 21st. Finally, UBS Group reaffirmed a hold rating and issued a $7.80 target price on shares of Deutsche Bank in a report on Friday, April 26th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 713.64 ($9.32).

Shares of KAZ Minerals stock opened at GBX 530 ($6.93) on Wednesday. The company has a debt-to-equity ratio of 328.75, a current ratio of 2.33 and a quick ratio of 1.81. The stock has a market capitalization of $2.50 billion and a PE ratio of 4.65. KAZ Minerals has a 52-week low of GBX 421.50 ($5.51) and a 52-week high of GBX 853.40 ($11.15). The business has a 50-day moving average price of GBX 553.42.

KAZ Minerals Company Profile

KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan and Kyrgyzstan. It operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. The company operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; Aktogay open pit mine located in the east of Kazakhstan; three underground mines and concentrators located in the eastern region of Kazakhstan; and the Bozymchak copper-gold open pit mine located in western Kyrgyzstan.

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Analyst Recommendations for KAZ Minerals (LON:KAZ)

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