KAZ Minerals (KAZ) Sets New 52-Week High at $942.00

KAZ Minerals PLC (LON:KAZ) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 942 ($12.77) and last traded at GBX 936.20 ($12.70), with a volume of 3399225 shares trading hands. The stock had previously closed at GBX 936.20 ($12.70).

KAZ has been the subject of several research analyst reports. Macquarie restated a “neutral” rating on shares of KAZ Minerals in a research note on Tuesday, October 10th. Peel Hunt restated a “hold” rating on shares of KAZ Minerals in a research note on Monday, October 2nd. Liberum Capital raised their price target on shares of KAZ Minerals from GBX 385 ($5.22) to GBX 460 ($6.24) and gave the stock a “sell” rating in a research note on Monday, November 27th. JPMorgan Chase & Co. restated an “overweight” rating on shares of KAZ Minerals in a research note on Tuesday, September 12th. Finally, Jefferies Group restated a “buy” rating on shares of KAZ Minerals in a research note on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 456.25 ($6.19).

The firm has a market cap of $4,000.00 and a price-to-earnings ratio of 1,950.42.

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About KAZ Minerals

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.

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