What’s KAZ Minerals PLC Upside After Today’s Huge Increase?

 What's KAZ Minerals PLC Upside After Today's Huge Increase?

The stock of KAZ Minerals PLC (LON:KAZ) is a huge mover today! The stock increased 0.53% or GBX 1.91 on November 23, hitting GBX 363.31. About 2.58 million shares traded hands or 6.61% up from the average. KAZ Minerals PLC (LON:KAZ) has risen 97.38% since April 25, 2016 and is uptrending. It has outperformed by 92.05% the S&P500.
The move comes after 7 months positive chart setup for the GBX 1.63B company. It was reported on Nov, 23 by Barchart.com. We have GBX 381.48 PT which if reached, will make LON:KAZ worth GBX 81.50 million more.

KAZ Minerals PLC (LON:KAZ) Ratings Coverage

Out of 20 analysts covering Kaz Minerals PLC (LON:KAZ), 3 rate it a “Buy”, 7 “Sell”, while 10 “Hold”. This means 15% are positive. GBX 460 is the highest target while GBX 50 is the lowest. The GBX 187.45 average target is -48.40% below today’s (GBX 363.31) stock price. Kaz Minerals PLC has been the topic of 156 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Liberum Capital upgraded the stock to “Hold” rating in Monday, August 10 report. Deutsche Bank maintained the stock with “Buy” rating in Friday, February 19 report. The firm has “Neutral” rating given on Wednesday, November 18 by Goldman Sachs. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, March 23 report. The firm has “Outperform” rating by Macquarie Research given on Monday, November 16. Credit Suisse maintained the stock with “Neutral” rating in Friday, May 27 report. The firm has “Buy” rating given on Monday, August 22 by UBS. Canaccord Genuity maintained KAZ Minerals PLC (LON:KAZ) on Thursday, June 9 with “Sell” rating. Credit Suisse maintained it with “Outperform” rating and GBX 235 target price in Tuesday, August 18 report. The stock has “Underperform” rating given by BNP Paribas on Wednesday, March 16.

KAZ Minerals PLC is an investment holding firm principally engaged in mining businesses. The company has a market cap of 1.63 billion GBP. The Firm operates through three divisions. It has a 27.23 P/E ratio. East Region Operations segment is mainly engaged in the mining, processing, marketing and sales of copper and other metals.

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