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Kaz Minerals PLC (LON:KAZ) target price raised to 240.00GBX, reported today by Jefferies International

Yesterday Kaz Minerals PLC (LON:KAZ) traded 2.28% higher at 265.60GBX. The company’s 50-day moving average is 206.43GBX and its 200-day moving average is 167.09GBX. The last stock close price is up 59.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 632,118 shares of the stock were exchanged, down from an average trading volume of 1,739,630

Kaz Minerals PLC (LON:KAZ) had its target price raised to 240.00GBX by Jefferies International in a report released 10/14/2016. The new target price indicates a possible downside of -0.10% based on the company's last stock close price.

Previously on 10/06/2016, Exane BNP Paribas reported about Kaz Minerals PLC (LON:KAZ) held steady the target price at 200.00GBX. At the time, this indicated a possible downside of -0.14%.

See Chart Below

Kaz Minerals PLC (LON:KAZ)

Kaz Minerals PLC has a 52 week low of 75.00GBX and a 52 week high of 270.30GBX with a P/E ratio of 16.10 The company’s market cap is currently 0 GBX.

In addition to Jefferies International reporting its target price, a total of 19 firms have reported 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 an investment holding company principally engaged in mining businesses. The Company operates through three segments. East Region Operations segment is mainly engaged in the mining, processing, marketing and sales of copper and other metals. Other metals include gold, silver and zinc concentrate, among others. Bozymchak segment is engaged in the operation of Bozymchak gold-copper mine. Mining Projects segment is engaged in the operation of other major projects, including Aktogay, Bozshakol and Koksay.

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