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Deutsche Bank reported on Kaz Minerals PLC (LON:KAZ), upping its target price to 700.00GBX today

Kaz Minerals PLC (LON:KAZ) had its target price raised to 700.00GBX by Deutsche Bank in a report released Friday October 13, 2017. The new target price indicates a possible downside of -0.15% based on the company's last stock close price.

Previously on 10/10/2017, Macquarie reported about Kaz Minerals PLC (LON:KAZ) held steady the target price at 770.00GBX. At the time, this indicated a possible downside of -0.07%.

Yesterday Kaz Minerals PLC (LON:KAZ) traded 0.47% higher at 826.00GBX. The company’s 50-day moving average is 795.28GBX and its 200-day moving average is 605.71GBX. The last stock close price is up 40.33% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 167,873 shares of the stock were exchanged, down from an average trading volume of 2,249,600

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Kaz Minerals PLC (LON:KAZ)

Kaz Minerals PLC has a 52 week low of 244.98GBX and a 52 week high of 881.50GBX with a P/E ratio of 13.14 The company’s market cap is currently 0 GBX.

In addition to Deutsche Bank reporting its target price, a total of 19 firms have issued a report on the stock. The consensus target price is 2.06GBX with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 9 firms rating the stock a hold, 5 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.

About Kaz Minerals PLC (LON:KAZ)

KAZ Minerals PLC is a United Kingdom-based copper company. The Company operates in the natural resources industry through five segments: East Region, Bozymchak, Bozshakol, Aktogay and Mining Projects. The East Region, Bozshakol and Aktogay segments are engaged in mining and processing of copper and other metals in Kazakhstan. The Bozymchak segment is engaged in mining and processing of copper and gold in Kyrgyzstan. The Mining Projects segment is engaged in the development of metal deposits and processing facilities Kazakhstan. The East Region segment contains the entity Vostoktsvetmet LLC (VCM), whose principal activity is the mining and processing of copper and other metals, which are produced as by-products from four underground mines and three concentrators located in the eastern region of Kazakhstan.

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