Analysts Set KAZ MINL PLC/ADR (KZMYY) PT at $5.25

Shares of KAZ MINL PLC/ADR (OTCMKTS:KZMYY) have received an average recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $5.25.

KZMYY has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of KAZ MINL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Saturday, January 26th. ValuEngine cut shares of KAZ MINL PLC/ADR from a “hold” rating to a “sell” rating in a research note on Monday, March 11th. UBS Group upgraded shares of KAZ MINL PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Friday, April 12th. Finally, Goldman Sachs Group upgraded shares of KAZ MINL PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, April 11th.

Shares of KAZ MINL PLC/ADR stock traded down $0.12 during trading hours on Friday, hitting $4.71. The company had a trading volume of 743 shares, compared to its average volume of 17,186. KAZ MINL PLC/ADR has a twelve month low of $2.72 and a twelve month high of $7.59. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 8.72 and a beta of 2.23.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Monday, June 3rd. Shareholders of record on Tuesday, April 23rd will be issued a $0.026 dividend. The ex-dividend date is Monday, April 22nd. KAZ MINL PLC/ADR’s dividend payout ratio is presently 5.56%.

About KAZ MINL PLC/ADR

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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