KAZ Minerals (LON:KAZ) Stock Price Crosses Above 200 Day Moving Average of $717.28
Shares of KAZ Minerals PLC (LON:KAZ) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 717.28 ($9.37) and traded as high as GBX 868.60 ($11.35). KAZ Minerals shares last traded at GBX 848.80 ($11.09), with a volume of 916,388 shares.
A number of equities research analysts have recently commented on the company. Morgan Stanley reaffirmed an “equal weight” rating and set a GBX 780 ($10.19) price target on shares of KAZ Minerals in a research report on Wednesday, March 24th. Deutsche Bank Aktiengesellschaft lifted their price target on KAZ Minerals from GBX 800 ($10.45) to GBX 860 ($11.24) and gave the company a “hold” rating in a research note on Monday, April 12th. Finally, Barclays lifted their target price on 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. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. KAZ Minerals has a consensus rating of “Hold” and an average target price of GBX 672.50 ($8.79).
The company has a market cap of £4.02 billion and a P/E ratio of 9.11. The company has a current ratio of 2.62, a quick ratio of 1.85 and a debt-to-equity ratio of 161.22. The business has a 50 day moving average price of GBX 846.39 and a 200-day moving average price of GBX 718.97.
KAZ Minerals Company Profile (LON:KAZ)
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.
Featured Article: Forex
Receive News & Ratings for KAZ Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KAZ Minerals and related companies with MarketBeat.com's FREE daily email newsletter.