Deutsche Bank Aktiengesellschaft Boosts KAZ Minerals (LON:KAZ) Price Target to GBX 860


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KAZ Minerals (LON:KAZ) had its price objective boosted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 800 ($10.45) to GBX 860 ($11.24) in a research report issued to clients and investors on Monday, Digital Look reports. The brokerage presently has a “hold” rating on the copper miner’s stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential downside of 0.72% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Barclays increased their price objective on shares of KAZ Minerals from GBX 725 ($9.47) to GBX 900 ($11.76) and gave the company an “overweight” rating in a research report on Monday, February 8th. Morgan Stanley restated an “equal weight” rating and set a GBX 780 ($10.19) price objective on shares of KAZ Minerals in a research report on Wednesday, March 24th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 672.50 ($8.79).

Shares of KAZ Minerals stock opened at GBX 866.20 ($11.32) on Monday. The company has a market cap of £4.09 billion and a price-to-earnings ratio of 9.22. The company’s 50 day moving average is GBX 844.07 and its 200 day moving average is GBX 701.22. KAZ Minerals has a twelve month low of GBX 372.21 ($4.86) and a twelve month high of GBX 870.69 ($11.38). The company has a quick ratio of 1.85, a current ratio of 2.62 and a debt-to-equity ratio of 161.22.

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 Aktogay and Bozshakol open pit copper mines in the east region and Pavlodar region of Kazakhstan; three underground mines and in the east region of Kazakhstan; and the Bozymchak copper-gold mine in Kyrgyzstan.

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Analyst Recommendations for KAZ Minerals (LON:KAZ)

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