UBS Group reiterated their buy rating on shares of KAZ Minerals (LON:KAZ) in a report released on Friday, ThisIsMoney.Co.Uk reports.

A number of other brokerages also recently commented on KAZ. JPMorgan Chase & Co. lowered their price objective on shares of KAZ Minerals from GBX 595 ($7.77) to GBX 590 ($7.71) and set a neutral rating on the stock in a research report on Friday. Liberum Capital reissued a hold rating on shares of KAZ Minerals in a research report on Tuesday, July 16th. Royal Bank of Canada boosted their target price on shares of KAZ Minerals from GBX 620 ($8.10) to GBX 630 ($8.23) and gave the stock a sector performer rating in a research report on Friday, June 28th. Barclays reissued an overweight rating and issued a GBX 750 ($9.80) target price on shares of KAZ Minerals in a research report on Friday. Finally, Deutsche Bank reissued a hold rating on shares of KAZ Minerals in a research report on Friday. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of GBX 724.55 ($9.47).

Shares of KAZ opened at GBX 434.50 ($5.68) on Friday. The company’s 50 day moving average price is GBX 545.68 and its 200 day moving average price is GBX 601.04. KAZ Minerals has a 52 week low of GBX 421.50 ($5.51) and a 52 week high of GBX 744.80 ($9.73). The company has a market capitalization of $2.05 billion and a PE ratio of 3.81. The company has a debt-to-equity ratio of 328.75, a quick ratio of 1.81 and a current ratio of 2.33.

The firm also recently announced a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, October 3rd will be given a GBX 3.30 ($0.04) dividend. This represents a yield of 0.79%. The ex-dividend date of this dividend is Thursday, October 3rd. KAZ Minerals’s dividend payout ratio is 0.08%.

In other KAZ Minerals news, insider Charles Watson bought 3,246 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was bought at an average cost of GBX 452 ($5.91) per share, with a total value of £14,671.92 ($19,171.46).

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 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.

See Also: Outstanding Shares

Analyst Recommendations for KAZ Minerals (LON:KAZ)

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