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Kaz Minerals PLC (LON:KAZ) stock price target reduced to 450.00GBX, issued a research note today by Jefferies International

In a report released on 6/8/2017 Jefferies International reduced the stock price target of Kaz Minerals PLC (LON:KAZ) from 500.00GBX to 450.00GBX indicating a possible downside of -0.08%.

Previously on Monday June 05, 2017, JP Morgan Cazenove reported on Kaz Minerals PLC (LON:KAZ) increased the target price from 580.00GBX to 665.00GBX. At the time, this indicated a possible upside of 0.38%.

Yesterday Kaz Minerals PLC (LON:KAZ) traded 0.47% higher at 489.75GBX. The company’s 50-day moving average is 795.28GBX and its 200-day moving average is 605.71GBX. The last closing price is down 40.33% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 167,873 shares of the stock traded hands, 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 Jefferies International reporting its stock price target, a total of 19 brokers have issued a research note on KAZ. The one year target is 2.06GBX with two equity analysts rating the company a strong buy, one 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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