Kazakhmys Stock Rating Reaffirmed by JPMorgan Chase (KAZ)
Kazakhmys (LON: KAZ)‘s stock had its “underweight” rating reiterated by investment analysts at JPMorgan Chase in a note issued to investors on Wednesday. They currently have a $9.63 (635 GBX) target price on the stock.
Kazakhmys opened at 661.00 on Wednesday. Kazakhmys has a 1-year low of GBX 569.00 and a 1-year high of GBX 1168.00. The stock’s 50-day moving average is currently GBX 686.5. The company’s market cap is £3.534 billion.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Kazakhmys in a research note to investors on Monday. They now have a $11.11 price target on the stock. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of Kazakhmys in a research note to investors on Monday. They now have a $11.79 price target on the stock. Finally, analysts at reiterated an “underperform” rating on shares of Kazakhmys in a research note to investors on Friday, January 18th. They now have a $9.92 price target on the stock.
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper.
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