KAZ Minerals (LON:KAZ) had its price target trimmed by JPMorgan Chase & Co. from GBX 590 ($7.71) to GBX 575 ($7.51) in a research report released on Thursday, Digital Look reports. The brokerage currently has a neutral rating on the copper miner’s stock.

KAZ has been the subject of several other reports. Peel Hunt reiterated a buy rating and issued a GBX 755 ($9.87) target price on shares of KAZ Minerals in a report on Thursday, August 15th. BMO Capital Markets lowered their target price on KAZ Minerals from GBX 1,050 ($13.72) to GBX 675 ($8.82) and set an outperform rating for the company in a report on Monday, August 26th. Royal Bank of Canada upped their target price on KAZ Minerals from GBX 620 ($8.10) to GBX 630 ($8.23) and gave the stock a sector performer rating in a report on Friday, June 28th. Deutsche Bank lowered their target price on KAZ Minerals from GBX 680 ($8.89) to GBX 560 ($7.32) and set a hold rating for the company in a report on Wednesday, September 4th. Finally, Peel Hunt reiterated a buy rating and issued a GBX 755 ($9.87) target price on shares of KAZ Minerals in a report on Thursday, August 15th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 700.83 ($9.16).

KAZ Minerals stock traded up GBX 22.80 ($0.30) during mid-day trading on Thursday, hitting GBX 459.80 ($6.01). The company’s stock had a trading volume of 1,579,636 shares, compared to its average volume of 2,660,000. KAZ Minerals has a one year low of GBX 375.80 ($4.91) and a one year high of GBX 744.80 ($9.73). The stock has a market cap of $2.17 billion and a PE ratio of 4.65. The company has a 50 day moving average of GBX 479.98 and a 200-day moving average of GBX 578.50. The company has a debt-to-equity ratio of 185.76, a quick ratio of 0.89 and a current ratio of 1.57.

The company also recently announced a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, October 3rd will be issued a GBX 3.30 ($0.04) dividend. This represents a dividend yield of 0.79%. The ex-dividend date is Thursday, October 3rd. KAZ Minerals’s dividend payout ratio is 0.07%.

In related news, insider Andrew Southam sold 147,608 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of GBX 398 ($5.20), for a total transaction of £587,479.84 ($767,646.47). Also, insider Charles Watson acquired 3,246 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were bought at an average price of GBX 452 ($5.91) per share, with a total value of £14,671.92 ($19,171.46).

KAZ Minerals Company Profile

KAZ Minerals PLC, together with its subsidiaries, engages in mining and processing copper and other metals primarily in Kazakhstan and Kyrgyzstan. It operates through Bozshakol, Aktogay, and East Region and Bozymchak segments. The company operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan; Aktogay open pit mine located in the east of Kazakhstan; three underground mines and concentrators located in the eastern region of Kazakhstan; and the Bozymchak copper-gold open pit mine located in western Kyrgyzstan.

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Analyst Recommendations for KAZ Minerals (LON:KAZ)

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