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Kaz Minerals PLC (LON:KAZ) stock price target increased to 214.00GBX, issued a research note today by Deutsche Bank

Just yesterday Kaz Minerals PLC (LON:KAZ) traded 3.10% higher at 235.75GBX. Kaz Minerals PLC’s 50-day moving average is 199.41GBX and its 200-day moving average is 164.77GBX. The last stock price is up 49.68% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 401,781 shares of KAZ traded hands, down from an average trading volume of 1,724,690

In a report released on 10/05/2016 Deutsche Bank increased the stock price target of Kaz Minerals PLC (LON:KAZ) from 189.00GBX to 214.00GBX reporting a possible downside of -0.09%.

Previously on 9/21/2016, Barclays Capital released a statement about Kaz Minerals PLC (LON:KAZ) increased the target price from 130.00GBX to 210.00GBX. At the time, this indicated a possible upside of 0.04%.

Recent Performance Chart

Kaz Minerals PLC (LON:KAZ)

Kaz Minerals PLC has 52 week low of 75.00GBX and a 52 week high of 248.40GBX with a PE ratio of 14.86 and has a market capitalization of 0 GBX.

In addition to Deutsche Bank reporting its stock price target, a total of 19 brokerages have issued a ratings update on the company. The average stock price target is 2.06GBX with 2 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 9 brokerages rating the stock a hold, 5 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.

Brief Synopsis On Kaz Minerals PLC (LON:KAZ)

KAZ Minerals PLC, formerly Kazakhmys PLC, is a United Kingdom-based copper company. The Company is focused on open-pit mining in Kazakhstan. The Company operates through three segments: East Region operations, Mining Projects and Bozymchak. The East Region operations segment consists of the Company's primary operating entity, Vostoktsvetmet LLC, engaged in the mining and processing of copper and other metals, which are produced as by-products and located in Kazakhstan, and the associated international sales and marketing activities managed out of the United Kingdom. The Mining Projects segment consists of the development of the Company's projects, including Aktogay, Bozshakol and Koksay. The Bozymchak segment consists Bozymchak gold-copper mine and concentrator located in Kyrgyzstan and the associated international sales and marketing activities managed out of the United Kingdom.

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