Kazakhmys Price Target Increased to $11.05 by Analysts at Deutsche Bank (KAZ)
Equities research analysts at Deutsche Bank upped their price target on shares of Kazakhmys (LON: KAZ) from $9.77 (650 GBX) to $11.05 (735 GBX) in a research note issued to investors on Monday. The firm currently has a “hold” rating on the stock.
KAZ has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “reduce” rating on shares of Kazakhmys in a research note to investors on Friday. They now have a $10.51 price target on the stock, up previously from $10.51. Separately, analysts at BNP Paribas cut their price target on shares of Kazakhmys from $9.31 to $7.51 in a research note to investors on Friday. They now have an “underperform” rating on the stock. Finally, analysts at Societe Generale downgraded shares of Kazakhmys to a “sell” rating in a research note to investors on Friday. They now have a $8.72 price target on the stock.
Shares of Kazakhmys opened at 555.00 on Monday. Kazakhmys has a 52 week low of GBX 569.00 and a 52 week high of GBX 990.442. The stock’s 50-day moving average is currently GBX 686.5. The company’s market cap is £2.967 billion.
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.