Liberum Capital reaffirmed their hold rating on shares of KAZ Minerals (LON:KAZ) in a research note published on Tuesday, ThisIsMoney.Co.Uk reports.
Several other analysts have also issued reports on KAZ. Barclays reiterated an underweight rating on shares of in a report on Thursday, July 4th. Goldman Sachs Group raised shares of Martin Marietta Materials from a neutral rating to a buy rating and increased their target price for the stock from $207.00 to $232.00 in a research report on Thursday, April 11th. Deutsche Bank set a $28.00 target price on shares of Colfax and gave the stock a hold rating in a research report on Wednesday, July 10th. Peel Hunt lowered their target price on shares of Biffa from GBX 264 ($3.45) to GBX 252 ($3.29) and set a buy rating on the stock in a research report on Wednesday, July 10th. Finally, HSBC initiated coverage on shares of Tullow Oil in a research report on Tuesday, May 28th. They set a hold rating on the stock. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. KAZ Minerals presently has a consensus rating of Hold and a consensus price target of GBX 713.64 ($9.32).
Shares of LON:KAZ opened at GBX 581 ($7.59) on Tuesday. The company has a current ratio of 2.33, a quick ratio of 1.81 and a debt-to-equity ratio of 328.75. KAZ Minerals has a 1 year low of GBX 421.50 ($5.51) and a 1 year high of GBX 853.40 ($11.15). The stock’s fifty day moving average price is GBX 557.02. The stock has a market capitalization of $2.74 billion and a price-to-earnings ratio of 5.10.
About KAZ Minerals
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.
See Also: Leveraged Buyout (LBO)
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