OZ Minerals Limited Stock Rating Reaffirmed by RBC Capital (OZL)
OZ Minerals Limited (ASX: OZL)‘s stock had its “sector perform” rating restated by equities researchers at RBC Capital in a report issued on Thursday. They currently have a $8.42 (8 AUD) target price on the stock.
OZ Minerals Limited traded down 0.29% on Thursday, hitting A$6.890. OZ Minerals Limited has a 52-week low of A$6.000 and a 52-week high of A$11.800. The company has a market cap of A$2.140 billion and a price-to-earnings ratio of 7.76.
A number of other analysts have also recently weighed in on OZL. Analysts at BBY Limited upgraded shares of OZ Minerals Limited to a “strong-buy” rating in a research note to investors on Friday, December 7th. They now have a $10.00 price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of OZ Minerals Limited in a research note to investors on Tuesday, October 30th. They now have a $9.43 price target on the stock.
OZ Minerals Limited is a mining company with a focus on copper. It is also engaged in mining of gold and silver, carrying out exploration activities and development of projects.
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